Thread regarding Xilinx Inc. layoffs

I was laid off in 2008 from Xilinx

About 300 people were let go, that was something like 10% of the overall workforce. The layoffs were global. I hear that they will be cutting even more in Q2 and Q3 of 2015. The word on the street is that 20% of the work force will be cut now, so layoffs will be more massive than before. Everyone should be concenred. I really question Xilinx's management ability to navigate business storms, they should go first.

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