Reply to post: Haas, who has been in the chief exec's chair for about a month

Arm to drop up to 15 percent of staff – about 1,000 people

Howard Sway Silver badge

Haas, who has been in the chief exec's chair for about a month

So they've appointed someone who's come in raring to go with the innovative and original idea of slashing the workforce to cut costs and blindly believing that this will increase profits long term, because there is no way on Earth that he will have been able to come in and gain a full and deep understanding of their technology, skill base, future potential and strategic thinking in the space of 4 weeks.

One thing's for certain, nobody asked him the question "how do you intend to prevent us going the same way as IBM" at the job interview.

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