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Guru3D.com » News » Gigabyte reportedly axing up to 10% of its staff

Gigabyte reportedly axing up to 10% of its staff

by Hilbert Hagedoorn on: 02/04/2019 10:43 AM | source: digitimes | 22 comment(s)
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.

 







« ASUS Adds TUF Series RTX 2060 Graphics cards · Gigabyte reportedly axing up to 10% of its staff · ASUS GPU Tweak II Injects Ads Into Your Games? »

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fantaskarsef
Senior Member



Posts: 14163
Joined: 2014-07-21

#5635112 Posted on: 02/04/2019 10:56 AM
Ah. But releasing 1000$ mainboards, are we? o_O

cryohellinc
Senior Member



Posts: 3533
Joined: 2014-10-20

#5635122 Posted on: 02/04/2019 11:14 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...."


Brit90
Senior Member



Posts: 124
Joined: 2016-11-08

#5635184 Posted on: 02/04/2019 01:30 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.

alanm
Senior Member



Posts: 11448
Joined: 2004-05-10

#5635193 Posted on: 02/04/2019 01:45 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.

Neo Cyrus
Senior Member



Posts: 10401
Joined: 2006-02-14

#5635200 Posted on: 02/04/2019 02:02 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.

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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