Principal gets 26+ weeks (i.e. 6+ months) at a much higher salary
Low level engineers get 2 month severance cap!!!!
Embrace the incoming torpedoed CIC
Broadcom is incentivized to get rid of swathes of low level engineers
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I'll vote no to Broadcom but if sh-- happens I hope they will take volunteers because 6month pay plus unvested stocks is much better than working for Tan/Broadcom. Thanks Steve for the provisional Xmas present. Broadcom is the Valeant of semiconductors and will collapse sooner than later and when it happens we will get nothing...
Please Target MC is the PTE Moron.
Lay off engineers and assign principle real work that engineer was doing, then PIP principle when they fail. Takes for months but cheaper than lay off.
Anyone at or below senior staff are the workhorse of Qualcomm..
Above that.. easy target for broadcomm when it buys Qualcomm
Well there is an equity plan element of the CIC plan that says acceleration upon CIC.
@OP Your rant makes no sense. Principal and above get a boat load of unvested RSUs that worth multiple years of salary. It’s easy to figure out who’d be let go first.
Only if I’m “the market”
Can't compensate for people who are blindfolded.
Did you really believe that 11 months ago?
11 months ago the market thought SM could close NXP within 11 months
It was 65 11 months ago, fool.
Which one of you types can’t get the stock above 55? (Without the divine intervention of Hock)
You should rephrase it correctly...
Button pushers get a generous 2 months and us Principal engineers that make the earth rotate get a paltry 26 weeks..
Check yourself before you wreck yourself.