Just curious on what you folks think about the headwinds. Will there be any layoffs? If so how bad are your predictions. TC:🥜🥜#semiconductor #hardware
I’m sorry but I think companies in semiconductor manufacturing like LAM research, KLA and Applied Materials are cheap AF and they don’t value their employees (by giving them money) Your salary will easily double when you jump to a hardware company in IC design business, don’t even need to crack leetcode
Been with Lam for 6 years and only experienced one small around of layoffs in 2018 (mostly pushing early retirement on some old timers). I know compared to Applied, Lam is a bit slower to hire and try to lay off less but hard to say what they’ll do in this environment. I’d imagine the core engineering teams will be safest.
Lam is one of the better run companies out there.
Thanks for the input.
Expect some layoffs in the last week of January.
Is this in Engineering?
This guy was right on the money
There coming this week. It’s going to be DEEP Cuts.
Contingent workforce only or all employees? And which groups?
Spot on with your prediction
It wasn’t long ago when chips were in shortage and there was unlimited demand for their products. How quick things have changed….
Numbers are out... 7% cut (1300 employees)
When are they happening?
Before Feb 1st
Such a random company to ask about. I’m sure they layoff all the time. Just never make the front page news.