A comp which is continuously chopping off lowperf focuses on only upgrades of legacy products. There cannot be innovation in such a toxic env. It's a kind of wait time before a restructuring. xFSL and Q times were like this and still ongoing. Rumors like S and that top guys mentioned in the calls that spinoffs could come is a sign of upcoming avalanche. Auto market in China which is main part of revenue is in stagnation. This year revenue goes down. To control costs cuts are fastest way. There isn't actually lowperf. It's an excuse to fire. Rest can do legacy anyway. Such env have lot of politics. Don't expect reasonable things. This music can take 2-3 years until SG&A (opex) goes from 10% to 7%. Good luck dude!
Originally posted by @VT9O5t4-2fcxe, on point.