Thread regarding ARM Holdings PLC ADS layoffs

Opportunities and comp

Heard that Apple, Meta, Qualcomm, Google and others are hiring CPU and graphics engineers with yearly total comp packs exceeding $600K. Don’t be a fool given the sinking Arm ship. Mgt just want to milk the cash for themselves. Cut employee benefits. Senior mgt bonus multiplier of base salary is >100% while the typical engineer bonus is 20% of base.

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Post ID: @OP+1gK6R6cr

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That's not true OP. Some engineers only get 10% bonus yet are doing critical work on flagship products.

I would advise anyone with skills to jump to FAANG especially in the US. When this market comes crashing down you don't want to be looking for a job and nothing on your CV but Jenkins and scripting, or god forbid a useless tech lead role where you sit in meetings all day. Not even IBM will hire you.

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Post ID: @1xiv+1gK6R6cr

Omg. Need to start to look for a new role. The environment is toxic.

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Post ID: @xsr+1gK6R6cr

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