Motorola To Spin Off Chip Division
dafz1 writes "According to an article
at CNET News, Motorola
has announced they will create a new company from their Semiconductor Products
Sector (SPS), which builds chips such as the PowerPC. Reasons cited include 'surrendering to IBM a key role in delivering the PowerPC for Apple Computer's top-of-the-line desktop'. This follows earlier news that Motorola's CEO will step down, citing a 'difference
of opinion' with fellow executives."
Metrowerks is part of Motorola SPS. Thus, it will be part of the spin-off.
Sigpilot : I'm in the pipe, 5 by 5.
I graduated in '93, and I got a job at Motorola in the cellular division. I worked there for 5 years, and couldn't take it anymore. Their "culture" is manufactured, and I was very surprised that they got anything accomplished. But it depends on the different divisions and how they are doing. Ours (cellular services) did OK, but we were riding on the coattails of the divisions that were doing really good (phone mfgr and radios comes to mind). They had a bonus plan in place were every 6 months you got a bonus if you met the goals set out for your division. It was given to you as a percentage of what you made in the previous 6 months. My first 6 months there we got 11%, then 4%, then 1.3%, then they cut it out all together. The year before I got there, one division got 34%. They capped it after that. It would actually produce animosity within the company. It was generally a solid company that was on a steady decline. People who had been there 10 years who were just skating on their "time served". People who had been there 20+ years who were called "lifers" and they could pretty much do as little as they wished. Ten years was called "getting your tenure". Boy, those people got a wake-up call a couple of years ago. Some people have only worked there, and they don't know what goes on outside of Moto. If you have ever met someone who has worked there for a long time, you know what I mean. Many people I know that left there have had similar experiences.
It is a very weird place. After I lost my job at the place I left Moto for (company investors pulled out during the bubble burst), I went back to Moto. I thought "it can't be as bad as I remember it." It was. I went to have a meeting to do a pre-interview. Some HR drone talked to me to gauge my skillset. I was told it would be about 4 weeks for my paperwork to be processed, and if I was a fit anywhere, I would be contacted for interviews. It was such a sterile, devoid atmosphere that it was creepy. I told her "thanks, but no thanks" and walked out, vowing to never go back.
This is just further proof that nobody sits on top forever, and that keeping a very large, multinational business dynamic is a tremendously difficult task.
I got to see just one small piece of the company, and if the rest of it was anything at all like where I worked, good riddance. Of course, I do own stock that I purchased while there. It was around 90, then did a 3 to 1 split, and now it is around 11. Yay.
My beliefs do not require that you agree with them.