Thread regarding ARM Holdings PLC ADS layoffs

Another Hiring Freeze

Yet another. Seems the market is in a strange situation and the semiconductor shortages likely raising alarm bells behind closed doors? With the acquisition looking doomed and an IPO profitability needs to be maximised.

And not to mention a lot of attrition too. Even people recently promoted.

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It's ISG global. Particularly CE, we can't meet the roadmaps after all the attrition and only hiring grads/interns. Completely fu---d company if this NVIDIA deal doesn't go through, and even then, looks like low salaries will be given to force attrition.

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