Thread regarding ARM Holdings PLC ADS layoffs

Cancelled layoffs

Numerous layoffs were cancelled at the last minute in the former ISG division, after rounds of redundancy consultations and loads of stress and worry for people. People are aghast to say at least. Rumour has it that Simon Segars was told by UK government representatives that absolutely no UK jobs could be lost between now and the review by the UK competition watchdog, followed by the official statement from the government. So jobs are safe for a year.

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Post ID: @OP+17QdZWgT

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Attrition is rife even in IPG it's not just ISG. Middle-management seems to be a revolving door for friends and bottom tier consulting companies whilst engineers are disappearing off to Apple.

30 graduates in CPU Cambridge this year alone and working from home just to meet the headcount quotas now. Looking at the caliber of those leaving and those joining isn't inspiring.

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Post ID: @3jjh+17QdZWgT

Yes. Pelion/Kigen were set for a reduction of around 200. They were already at the point of people accepting packages when the U turn was announced. Quite a few people left anyway which tells you all you need to know about how that group was run.

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Post ID: @3opm+17QdZWgT

I wasn't aware ISG were under consultation? They seem to be very good at keeping the communications firewalled.

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Post ID: @1gri+17QdZWgT

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