Synopsys is rich in cash, probably no layoffs, may be no bonus/no hike/
Check again now
Layoffs started today Got impacted
How many people company wide?
Are AE/PE's affected?
Location?
Yes it's official.. Layoffs started this week and slowly it's happening till end of this week
Is it ? Where did you find this official news ?
Ask to your friends.. SNPS and CDNS does not officially announce unless is it's >5%. Silently they do one or 2 in a team/under every GD
GD ? Group director ?
Layoff in India just started
Count? %?
Not sure, but my friend got laid off .
It felt like there’s gonna be more layoffs. Current layoff % is unclear.
Bad news for Cadence but we were hiring very aggressively until 2 months ago
Why is it bad news for cdns?
Ohhhhh man... finally I am in same spot... my manager scheduled 1:1 today and discussed if I can look for other opportunity outside. Feeling very low... I joined 6 months back only. They are asking to return JB as well. And giving 30 days pay or notice ...
Oh that's really terrible..
@MSG07 what's your YOE and location? Are you in SNPS or WD?
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Crossed a line with my boss
Ppl like you ...negative ppl must be fired for sure..btw check your source and keep the false news with you please.
News hasn't reached you. Wait till Friday EOD or next week you can notice the change in lookup
You are VPs friend or what... tell your source else GTFO