"Given fixed costs, means as much as 20% layoffs in groups
LTD (process node) unaffected"
https://twitter.com/dylan522p/status/1655048861084450816?cxt=HHwWgIDUrfOK9fctAAAA
6 replies (most recent on top)
9% budget reduction, not sure how much of that translate to headcount.
@xmf+1mtKYVF4 So nothing like ACT then, huh?
@btk+1mtKYVF4 -- < 200 for DCAI. Peanuts compared to org size. EVPs are doing minor headcount cuts to make Pat happy.
How many head counts ?
Notifications will go out before mid June.
SR said there will be significant impact, which I agree, with all the austerity measures in place already, there are nothing else to cut other than people.
Good luck everyone!