There is a massive layoff and reorganization coming to a silicon valley chip company in the near future. SemiAccurate has heard the plans from multiple sources, enough to say with confidence that this is a big one, and several senior people are already sending out resume’s.
Update Nov. 20 @ 1pm: There is an official statement from the company in question below.
Update 2 Nov. 21 @ 11:55am: Two of three points in this story, have been confirmed to SemiAccurate, the third part is said to be happening in Q1.
Note: The following is analysis for professional level subscribers only.
Disclosures: Charlie Demerjian and Stone Arch Networking Services, Inc. have no consulting relationships, investment relationships, or hold any investment positions with any of the companies mentioned in this report.
Charlie Demerjian
Latest posts by Charlie Demerjian (see all)
- What is the current Sapphire Rapids stepping? - May 27, 2022
- AMD scales back Genoa a tiny bit - May 27, 2022
- Intel delays a major product again - May 26, 2022
- AMD underwhelms at Computex - May 23, 2022
- Intel shows off future wafers at Vision - May 20, 2022