Thread regarding National Instruments Corp. layoffs

Have the cuts really been worldwide?

I haven't heard of anybody outside of the U.S. being impacted despite the last layoffs round being announced as being global. Am I wrong? If I'm not, then it just feels like we are always the ones who get the short end of the stick every time when it comes to layoffs. Why is that?

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| 1874 views | | 3 replies (last December 3, 2020)
Post ID: @OP+17RYs3b0

3 replies (most recent on top)

Most senior folks at Austin are rude and hide info from their counter parts at different sites. They take a lot of pay but their output is limited. This has brought their own doom. They just want to control the teams at sites. They look at sites as some dumpyard for uninteresting work and bully them to take on work with unreasonable deadlines and expectations. But they just do lip service of saying the site is good and talented etc.
Most of them want the non Austin teams so that they can push the blame on them when something doesn't work out well. If they start looking at sites as their equals, then together something meaningful can be achieved. It's their pettiness that has resulted in their downfall

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Post ID: @nfme+17RYs3b0

NI Execs love, love, love those "High Talent, Low Cost" geographies. They aren't actually doing any R&D anymore, so why not?

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Post ID: @2fmj+17RYs3b0

I (employee) would think that most of the layoffs are in the US. It is more expensive to have operations in the US. Also most of the people cut are in SG&A, which is primarily in Austin. In Asia, they can pay an employee with the same responsibilities in the US at a fraction of the US salary. Same for certain parts of Europe, which is why we have a large presence in Hungary. My prediction, more cuts are coming next year because management is clueless. Doing rebranding and big debt finance operations, to buy time. But the issue is at the heart of the company, leadership is clueless. Different show, same clowns...

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Post ID: @vhx+17RYs3b0

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