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Gigabyte reportedly axing up to 10% of its staff
Things are a bit of a turmoil for Gigabyte ever since a year or two, and it hasn't ended. Many people have already moved or lost their jobs, and now another round is in sight as reportedly Gigabyte is to cut away another 5 to 10% of its personnel and marketing costs for 2019.
At the time of writing, Gigabyte has not issued any statements. Gigabyte has been reorganizing for a long time now, and a lot of good people have moved into new positions and even at competing companies. A further decline in GPU and motherboard sales forced the company to take action, according to DigiTimes.
Gigabyte's motherboard business is expected to be the primary target for layoffs, while there have been no plans to cut workforce at the graphics card business yet, according to the market observers.
Gigabyte shipped around 2.2 million motherboards in the fourth quarter of 2018, with its 2018 motherboard shipments reaching 11.45 million units, down from 2017's 12.6 million and 2016's 16 million. For 2019, Gigabyte is expected to focus on maintaining its volumes at above 10 million units.
Gigabyte shipped around 3.5 million graphics cards in 2016 and 4.8 million units in 2017 thanks to strong contribution from cryptocurrency mining demand. In 2018, the shipments had been sliding every quarter, dropping from the first quarter's 1.2 million to the second quarter's 850,000, the third quarter's 750,000 and the fourth quarter's 700,000, returning Gigabyte's annual shipments in 2018 back to the level of 2016 at around 3.5 million units.
Gigabyte Z390 motherboard costs 1049 euro - in stores now - 02/02/2019 10:10 AM
A while ago Gigabyte announced its Gigabyte Z390 Aorus Xtreme Waterforce, but did not mention a price. This mainstream, Z390 segment motherboard has hit the shelves, and guess what? It'll cost you th...
White model Gigabyte RTX 2070 Windforce 3X added - 02/01/2019 08:43 AM
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Gigabyte Officially Announces its AORUS AD27QD Gaming Monitor - 01/15/2019 06:07 PM
Gigabyte launched their gaming monitor, the AORUS AD27QD. It is a 27inch flat screen frameless monitor. It uses an IPS panel with QHD (2560x1440, 2K) resolution and a 144Hz refresh rate in 1ms (MPRT) ...
Gigabyte announces GeForce RTX 2060 Series with a nice Aorus card - 01/11/2019 08:34 AM
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Gigabyte updates SSD Lineup With AORUS RGB Series - 01/08/2019 06:16 PM
To be introduced at CES, the newest AORUS RGB SSD comes in two form factors, AIC and M.2, and offers a nice selection of mainstream storage capacity options. AORUS RGB SSD showcases colorful, digital ...
cryohellinc
Senior Member
Posts: 3352
Joined: 2014-10-20
Senior Member
Posts: 3352
Joined: 2014-10-20
#5635122 Posted on: 02/04/2019 10:14 AM
-Ok team, we aren't doing that great lately so we need to generate some additional positive cash flow. Any ideas?
-Higher quality components and materials!
-Nah no need.
-MOAR RGB!
-No need for that either.
-Let's hike up the prices 100% for mainstream, that'il fix it!
-BRILLIANT!
"Later that day...."
-Ok team, we aren't doing that great lately so we need to generate some additional positive cash flow. Any ideas?
-Higher quality components and materials!
-Nah no need.
-MOAR RGB!
-No need for that either.
-Let's hike up the prices 100% for mainstream, that'il fix it!
-BRILLIANT!
"Later that day...."
Brit90
Senior Member
Posts: 112
Joined: 2016-11-08
Senior Member
Posts: 112
Joined: 2016-11-08
#5635184 Posted on: 02/04/2019 12:30 PM
Nice to see other people think like I do!
Maybe the management needs to stop buying new cars and putting it down to company expenses as well as take a moderate pay cut.
Nice to see other people think like I do!
Maybe the management needs to stop buying new cars and putting it down to company expenses as well as take a moderate pay cut.
alanm
Senior Member
Posts: 9952
Joined: 2004-05-10
Senior Member
Posts: 9952
Joined: 2004-05-10
#5635193 Posted on: 02/04/2019 12:45 PM
Gigabyte are also cheats. Masters of the bait and switch. On mid-range, lower end boards, they send decent samples to reviewers to get good reviews. Then a few weeks later, they revise the boards to 1.1 with lower grade parts than the original.
Gigabyte are also cheats. Masters of the bait and switch. On mid-range, lower end boards, they send decent samples to reviewers to get good reviews. Then a few weeks later, they revise the boards to 1.1 with lower grade parts than the original.
Neo Cyrus
Senior Member
Posts: 9607
Joined: 2006-02-14
Senior Member
Posts: 9607
Joined: 2006-02-14
#5635200 Posted on: 02/04/2019 01:02 PM
I've said it many times, they do it on even more expensive products than what would be typically mid range in price. I've experienced that with 3 of their $500 video cards (back when video cards didn't cost as much as a car). And no I'm not dumb enough to fall for the same Gigabyte BS 3 times, it's Gigabyte so I went through multiple lemons.
Gigabyte are also cheats. Masters of the bait and switch. On mid-range, lower end boards, they send decent samples to reviewers to get good reviews. Then a few weeks later, they revise the boards to 1.1 with lower grade parts than the original.
I've said it many times, they do it on even more expensive products than what would be typically mid range in price. I've experienced that with 3 of their $500 video cards (back when video cards didn't cost as much as a car). And no I'm not dumb enough to fall for the same Gigabyte BS 3 times, it's Gigabyte so I went through multiple lemons.
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Senior Member
Posts: 12055
Joined: 2014-07-21
Ah. But releasing 1000$ mainboards, are we? o_O