Anyone have more news?
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Does anyone know about hiring in modeling group?
What about Jim Eickmann's group?
Most of the Modelers from Bin Zhang's group are also affected. A lot of people are on furlough, some of the positions are terminated. It is very surprising that the project managers are also laid off.
Sam Zoubi's Group (Modeling group from MT&E ) was affected.
Which MTE departments were impacted? Decker, SP, both locations?
New one in COC coming (around second week of 07/20)
Got laid in Santa Barbara plant shutdown glad it happened in January new job better pay worked out for the best
There was a major layoff (more than 50%) in Goleta plant a month ago
Pay cuts announced:
https://seekingalpha.com/news/3576254-corning-cuts-salaries-through-december
GSM also cut a significant number of staff
Did the layoffs already happen?
MTE lost people as well.
Any news on MT&E?
CPT losing people, as well.
Looks like 10% across the board salaried workforce at least in CSM and CGT. Some forced retirements, some mid-entry level.
Any in optical communications?