Leak: Texas Instruments to cut up to 30% of it’s workforce
According to leaks: “Things are really brewing here at Texas Instruments. We’re expecting a big layoff Jan 27 & 28. Internally we’re hearing as high as 30% (including early retirement).” Also, according to rumors, Texas Instruments expects a second wave of layoffs at their Phillipines office.
EETimes also publishes rumors about layoffs at Texas Instruments.
1/26/2009 Update: TI cuts 3400 jobs: 1800 through layoffs and 1600 through voluntary retirements and departures. (Thanks, A)
News submitted by J
DMOS5 is right. TI is the worst company to work for.
TI has started layoff in India as well, though they don’t call it layoff.
Employees are laid off quitely with ZERO severance.
Do you want to work for such un-ethical company??
Rich Templeton and Greg Delagi have basically turned a Dallas instition into a company that is lost and does not know what is is or where its going. And the board gave them increased stock options for killing business. Executive corruption is now in full force at TI much like we see at US banks and investment houses.
The only thing to stop evil from winning out is for a few good people to do nothing.
Rich Templeton and Greg Delagi have basically turned a Dallas instition into a company that is lost and does not know what is is or where its going. And the board gave them increased stock options for killing business. Executive corruption is now in full force at TI much like we see at US banks and investment houses.
The only thing to stop evil from winning out is for a few good people to do nothing.
SHAME on TI.
Laying off people without severance in India. TI is treating Indians as second grade employees.
Relax, my friend. They screwed up with everybody, no matter what nationality they are. Oh no, wait! Actually they did not screwed up with only one nationality, and it’s name is greed.
i am going to say TI is one of the worst company i have ever seen/worked
in one yr I have changed around 8 pc.
my first pc was p3 with 512 mb ram
and 8 gb hard disc
i worked/struggled on this pc for around 4 months
after changiong 8 pc in a yr
and all are outdated pc
wat de expect from employee
he is going to perform gr8
this is so frustrating i almost stopped working
not getting gud performance is solely there responsibility
Lot of managers at TI are making bread and butter by politics.
TI should throw these managers who are good for nothing.
Why do they layoff hardworking junior level engineers.
Right.
I heard from one TI India friend that TI India is spending big money on pantry and other renovations these days.
And then they say its financial crisis!
All mediocars making money in these upgradations.
Texas Instruments India is no more a Great Place to Work and just fall in Good Place to Work. They dont pay severence during layoff and any employer is evaluated how it takes care of employee at bad times. I suggest you to look for other options in market before joining TI. Even existing Texas Instruments India employees should look for options if they smell like layoff, otherwise you may find yourself kicked off without severance without any reason.
Severance package offered by companies in India.
CISCO - 7 month salary
Cadence - 6 month salary
Motorola - 6-24 months salary
Texas Instruments - 0 Yes it is zero. This company only has rosy picture, it has worst policy. They are doing back door layoff in India.
“Benchoth” Indians ,all you do is complain deal with it !
manager,
Maybe your one of the dumb ass Golden Childs tnat I helped trainn for my own job before Templeton’s crew included me in the layoff. If you’ve got any balls, name thr time and place and I’ll kick your ass!
FYI: “Texas Instruments Profit, Forecast Beat Estimates”:
http://www.bloomberg.com/apps/news?pid=20601103&sid=aq_1gi_NJDNk&refer=news
Should’ve let the Union come in to organize the employees and generate a contract to secure the jobs for us. We were warned about “out-sourcing”. Same thing happened at ST Micro. They’ve officially laid-off the last of their workforce in Carrollton.