Compensation N+9? Arm lays off more than 70 engineers in China

欧阳生

Compensation N+9? Arm lays off more than 70 engineers in China [Copy link]

 

According to IT Home on December 18, Bloomberg reported at noon Beijing time today that people familiar with the matter claimed that Arm recently laid off more than 70 software engineers in China and transferred some positions outside of Asia. One of the sources who wished to remain anonymous revealed that about 15 of the laid-off employees will be assigned to work on projects related to China. Another unnamed person said that the laid-off positions are currently being "filled" by contract software engineers who have participated in projects involving Arm's global business.

Arm said in a statement, "To ensure that the Chinese software ecosystem can fully leverage the maximum benefits of Arm performance and capabilities, Arm is reorganizing its software engineering resources in China to focus on direct support for local developers."

Arm outsourced the work of supporting Chinese customers to Arm China through a department called "Global Services", which once had nearly 200 employees. People familiar with the matter said that about 70 employees in this department may face layoffs or job adjustments, but Arm did not respond to this.

Arm's chief financial officer, Jason Child, told analysts in November that China's contribution to Arm's global sales had fallen to around 20% from 25% as the rest of the world grew faster.

As expected, the exciting parts are all in the comment section. Someone left a message saying that the compensation is N+9. I don’t know whether it is true or not.

eric_wang

People should be scrambling to get the people laid off by such companies.

okhxyyo

This N+9 guy who just graduated and got laid off is really happy

赵玉田

When it comes to compensation, we need to learn from others

wangerxian

Zhao Yutian posted on 2023-12-18 17:55 If we want to talk about compensation, we have to learn from others

The treatment in foreign companies is indeed good.

wangerxian

If I'm N+9, I'll have to take a three-month break to relax.

haocede

Huawei's N+9 is enough for me to lie low for several years. Huawei is really willing to spend money. Study hard, improve yourself, and raise your value.

秦天qintian0303

eric_wang posted on 2023-12-18 17:30 People should be scrambling to get the people laid off by such companies

Indeed, there is still a market for this kind of grassroots talent.

laker2008

Foreign companies are more formal and operate according to the rules. Unlike most private companies in China, there is no compensation for resignation, only persuasion. Oh...

haocede

“To ensure the Chinese software ecosystem can take full advantage of Arm’s performance and capabilities, Arm is reorganizing its software engineering resources in China to focus on direct support for local developers.”

吾妻思萌

I hope the government will stop this kind of compensation, because I feel uncomfortable after hearing this

史蒂芬

People who come out of this kind of company will never have to worry about finding a job, they can work N+9, I support it!!! ...

fhl12431

Which private enterprise can compensate? ? ? If they don't deduct money from you, you're lucky. People who kill their own people are always the cruelest.