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Mass layoffs coming at Nvidia

Hundreds walk the plank
By Sylvie Barak
Thu Sep 18 2008, 21:47

WORD REACHES US that 360 souls will be getting the boot from Nvidia today, as the company performs its first mass layoffs in 13 years.

Apparently Nvidia CEO Jen-Hsung Huang told employees that the layoffs would affect "every geography and every function".

We hear severance packages are fair "by American standards", but that it remains "a difficult time for everyone". µ

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Comments
The Way It's Meant To Be Laid Off

I feel sorry for the workers, i hope they get a good settlement (better than the customers!). Heh heh.

posted by : interested_party, 23 September 2008 Complain about this comment
A whoop of can ass...

A whoop of can ass...

posted by : Just me, 18 September 2008 Complain about this comment
So sharp...

they cut themselves.

posted by : Richard, 18 September 2008 Complain about this comment
Work on Quality Control

Nvidia needs to work on quality control now that its products have so many hardware and software bugs. The managers reponsible should be removed and not everyone else. Also it needs to bring better products to regain market share and product lead which is currently enjoyed by AMD. Maybe it can buy Via CPU division and give Intel Atom a run.

posted by : Sam, 18 September 2008 Complain about this comment
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