Posted by: TedP
Sonicblue to Cut 25 Percent of Workforce
Posted by: Terminator
Re: Sonicblue to Cut 25 Percent of Workforce - 05/09/2002 20:41
Although I'm not suprised, this is definitely terrible news. If it has to be anyone, hopefully its the order fulfillment guys and customer service people.
I hope all will be well tomorrow in the UK.
I hope all will be well tomorrow in the UK.
Posted by: number6
Re: Sonicblue to Cut 25 Percent of Workforce - 05/09/2002 21:51
Well you mean *today* being Friday right?
It is now Friday [morning] in the UK.
25% is pretty savage, still it sounds like they are consolidating from 3 US sites to one (in Santa Clara).
That may mean more than a few products are EOL'ed.
When you "let your CTO go" thats a pretty major decision, but that may simply be a reflection of the (low) stock price of Sblue.
I wonder if the guy who decided to hold a fire sale of EOL'ed Empegs on Xmas eve last year is now still there?
I don't know if any Empeg guys are affected - I guess we'll find out within 12 hours or so.
It is now Friday [morning] in the UK.
25% is pretty savage, still it sounds like they are consolidating from 3 US sites to one (in Santa Clara).
That may mean more than a few products are EOL'ed.
When you "let your CTO go" thats a pretty major decision, but that may simply be a reflection of the (low) stock price of Sblue.
I wonder if the guy who decided to hold a fire sale of EOL'ed Empegs on Xmas eve last year is now still there?
I don't know if any Empeg guys are affected - I guess we'll find out within 12 hours or so.
Posted by: andym
Re: Sonicblue to Cut 25 Percent of Workforce - 06/09/2002 01:15
Rob was advertising for two new posts only a couple of weeks ago, so maybe they've escaped the cut.
Posted by: altman
Re: Sonicblue to Cut 25 Percent of Workforce - 06/09/2002 02:15
Yes, we've escaped. We're now the only audio software team in SONICblue, hence all the new audio stuff that comes out was done here in Cambridge.
It does remove the "is this an empeg product?" guesswork every time SB release a new audio toy though, so less fun there! There may well be tell-tale signs of our involvement though, like that the product is really quite good
Hugo
It does remove the "is this an empeg product?" guesswork every time SB release a new audio toy though, so less fun there! There may well be tell-tale signs of our involvement though, like that the product is really quite good
Hugo
Posted by: grgcombs
Re: Sonicblue to Cut 25 Percent of Workforce - 06/09/2002 07:21
Hrm. ... Now if there was a way to just buy stock in the Empeg guys and skip the rest of Sonic Blue ....
When I originally bought my RioCar last year, Sonic Blue's stock didn't look good, but I wanted to support the company anyway. But as I guessed, something about don't buy the trash bin to get at the gem inside, comes to mind.
Greg
When I originally bought my RioCar last year, Sonic Blue's stock didn't look good, but I wanted to support the company anyway. But as I guessed, something about don't buy the trash bin to get at the gem inside, comes to mind.
Greg
Posted by: ashmoore
Re: Sonicblue to Cut 25 Percent of Workforce - 06/09/2002 07:40
But the SonicBlue stock is on sale!!!
Posted by: elvis
Re: Sonicblue to Cut 25 Percent of Workforce - 08/09/2002 13:32
At last! Maybe someone with brains will set you 'quietly working' on a replacement for realplayer... If something like that came out, I'd look @ SB products seriously again.