Found an old email forwarded to home email from upper management stating to "Be Productive for at least 2 years" Lattice knew these layoffs were coming ahead of time...they knew..Going to be even more interesting now.
Umm...everyone knew layoffs were coming after the Silicon Image buyout...except maybe for you.
It really sounds like you really do not understand what "synergies" means. It means LAYOFFS.
End of quarter earnings announcements right after the buyout talked about cost savings through "synergy" ...along with massive write offs of Silicon Image "goodwill". This went on for over a year, and investors could pretty much figure the buyout was a mistake at that point.
Many of the "old" Lattice employees knew it was coming before the end of 2015 since HR pushed the "old" Lattice employees to burn through the PTO they had on the books before the end of 2015 so that Lattice didn't have to pay out vacation to the laid off employees.
"We are excited to move forward with Silicon Image and confident we will be able to drive higher revenue and earnings growth, through the benefits of better economies of scale and material cost SYNERGIES."