Got to know that some guys in SDG group are laid off. Includes even high ranks like directors and it is across the board. If you have a sudden 1/1 with manager, consider yourself as next in line. #Synopsys
What is SDG?
SDG is systems design group that consist of Emulation and VIP business
Any update about SRG?
Yes, quite a lot of people in EDAG
Any more information about that?
Anything in SIG?
In the US they did them Monday.
Oh wow
Anything in solution group?
Just an update. - All BUs are impacted. - Most of the decisions are already communicated. - Majorly US teams are impacted. - Europe decisions to be expected in next few weeks. - This is first batch. Expect more to come if business environment does not improve. The overall number can be as high as 1000 or so across the company.
Do you know timing on next round? I don’t see it happening until after Q4.
Is this information accurate?
Usually first round happens in nov and second in March time frame. This time first round is in Jan .
What do you mean usually? SNPS layoffs people every year?
This is BS. To the best of my knowledge there won’t be any more layoffs. Expect some performance based firing
Any updates on synopsys layoff this week , pls share info
This week also?
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Yes it started, i have confirmed news for Bengalore India loc. More to come
Do you know the count in BLR?
Seriously? Which div is affected? How many??