Thread regarding NVIDIA Corp. layoffs

Nvidia's CEO promised no layoffs after revenue dips

Leaked email shows Nvidia's CEO reassuring employees that layoffs aren't coming after missing revenue targets, but the company will 'find and eliminate all wasted time, process, and material'

https://www.businessinsider.com/nvidia-ceo-no-layoffs-memo-employees-2022-8

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Post ID: @OP+1i8VGLSq

4 replies (most recent on top)

That's what all CEOs say at this moment in time. But wait till recession hits, every company will be laying off. At that time, no executive will even give a straight answer.

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Post ID: @1xenx+1i8VGLSq

Absolutely believe it. The proof is in the pudding. No major layoffs have occurred, some recruiters were laid off but I don’t think any engineers will be laid off. Everyone was given a small cache bonus at the end of last year, and most employees saw a ~5% salary increase this year.

The rebound in stock price further shows the public thinks NVIDIA is a strong company.

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Post ID: @1qcs+1i8VGLSq

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