[quote=ltsdd]15% cut….sounds like Q is in self-preservation mode. In conference call, there’s not much substance as to how it plan to grow. It’s mostly about cost reduction. Doesn’t sound like a solid strategy to right the ship. The reduction in bonuses/RSU for a total of $300 mil is going to hurt.[/quote]

$300 million reduction of assuming 25000 left, that comes out to be about $12k per person. With taxes, that’s probably an extra $7-8k people won’t see. Not earth shattering. Probably bring Q comp packages closer in line to what other semiconductor company packages are these days.