Many teams are now being asked to reduce head counts. Is it true?
Seems like they were told to reduce headcounts per teams... any info on this?
9 replies (most recent on top)
Tick tock tick tock you are fired
All software will be reorganized in the new year under Raja. Get ready for new acronyms, hundreds moved to projects they know nothing about and then the usual pile of cancelled projects. If you’ve seen the VPs who suddenly ‘retired’ in Q3 & Q4, you know what I mean. Layoffs, actions, reduced headcounts, etc are in the works in Q1.
@12s8hU3B-clxi, for last couple of years there were tens of post about "massive layout" and nothing massive happened. You just cannot trust information here. But obviously one day layout will come, we just don't know when :)
@12s8hU3B-cops: how do you know it is a lie if it is unconfirmed?
It looks like unconfirmed lie again.
This sites has so many false information in posts that is practically useless.
Is this affecting the fab? People there are lucky to work only 40 hrs, so it’d s— to lose anyone else.
Source ?
Yes. Division wide cost cutting & HC reduction planning (exec & management F2F) in Q2.
Immediate 80% cut to cw's, staff aug., cinder, kelly, etc.. Wave 2 by Dec. 31.
FTE's to be cut, 3 for 1, beginning Q1.
FIRE-SALE???
The fact that Intel just hired Gary Patton should raise red flags. He was responsible for working with McKinsey in service of the Emiratis to gut GF's 7nm programs, and if you ask IBMers what they think of him get ready for a tirade.