Thread regarding ARM Holdings PLC ADS layoffs

Who will be the target group?

If anyone has more details on who the target groups are, please spill the beans.

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Post ID: @OP+1fOIMKno

6 replies (most recent on top)

@3ele yes, middle management and mgmt folks with no direct reports

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Post ID: @6fry+1fOIMKno

If they are avoiding Central Engineering then it's going to be just about every group.

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Post ID: @3yfk+1fOIMKno

I hear they'll be cutting the many layers of middle management they hired during the SoftBank years.

HAHA obviously not. No, they'll cut the people doing actual work as usual

When I started at Arm there were two layers between me and my group management. Now there are six. Four new layers, doing what?

Best results ever! Oh, but we're cutting FlexPot (so a 10% defacto salary cut), capping bonuses, hiring freeze so you have to do more work for less money, and now we're letting you go.

I think the lesson here is 'Be your brilliant self somewhere that respects you'. So good at lip service, so bad at following through.

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Post ID: @3ele+1fOIMKno

From what I'm hearing they won't need to lay off that many once all the engineers fed up with management start realising how much in demand they are.

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Post ID: @3fep+1fOIMKno

IT are usually hit. This happened a few years ago also. I left because the company were in such a muddle. Building false hopes and spewing out rubbish about doubling headcount etc. The Agile transformation went a bit too far and IT were poor adopters. Managers managing managers, some were grade 5 or 6 with zero powers. It was madness.

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Post ID: @2rym+1fOIMKno

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