Comments on: Nvidia cuts workforce 6.5 percent

Responding to "business realities," the world's largest graphics chip supplier on Thursday said it expects to eliminate approximately 360 positions worldwide.

[Imalittleteapot]

Well that just sucks. :(

[David Dudley]

Of course Derek Perez has to say it has nothing to do with their recent issues which it turns out they were fully aware of, but naturally, like all good PR folk, he is paid to lie for the CEO and the board. Naturally, heads have to roll when a company takes such a large financial hit for such a massive failure and their stock has declined 65% since January. What is unfortunate is that it is unlikely that any executive management are going to "spend more time with their family" as they are the ones responsible for the downward direction of the ship and the IC's below just execute upon their faulty sense of direction. For example, their CEO reportedly took home roughly 6.5$ million last year as income, so it only makes sense for the captain of this sinking ship needs to take a massive reduction in pay if he somehow manages to keep his job.

The fact that executive management was acutely aware of the failures of their previous generation chips and did nothing to resolve it reminds me of the IBM Deckstar failures of yesteryear. Unfortunately for Nvidia, they cannot just pull an IBM and sell the baby to another company as it is their primary revenue provider.

[timber2005]

"Nvidia cuts workforce 6.5 percent"
"Nvidia is cutting its workforce 6.5 percent. "

You're missing a word in there... is it "cuts workforce BY 6.5 percent" or "cuts workforce TO 6.5 percent"
I believe that's called a sentence fragment!
/critique

[mathcreative]

This just isn't fair nvida's basically fighting against AMD, and soon against intel. Nvida's got to come up with something brilliant to stay and fight!

[Renegade Knight]

Beginning of the end for Nvidia. Cutting work force for the sake of "Business" reality means that bean counters are starting to take over. What do bean counters know how to do? You guessed it. Count beans. The folks who love graphics need to be running the place. Bean counters are advisors. Had they done that job well (or the graphics guys listened when they should) Nvidia would not have a work force too large by a factor of 6.5%. Either way (Bean counters taking over or graphics guys ignoring good advice when given), it sucks to be Nvidia right now.