[quote=AN][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]
I called this a year and a half ago when Paul stepped down. Sad that I’m right but not surprising.[/quote]
I don’t think Q’s problem though are unique to Q. Every chip company in the U.S. is getting squeezed. Q’s fall might just feel like it’s a bigger deal, because up until recent times, Q has been pretty much immune to the pricing pressure from increased competition, and so for the majority of the times that every other chip company was fighting for a piece of the pie, Q breezed through those rough waters. I guess it also has finally caught up Q as it already existed in every other semi company in the U.S.
