Originally Posted by Unregistered

Effective 1 January 2021, ST Electronics will cease to exists.
Maybe we should also delete this thread forum.

Every few years "reorg" just a name change.
It's like putting a fresh paint on a run down house.

Minimal impact to employee means the reorg has no purpose and no real value.
Other than to show investor "progress"

Other company I see their reorg is "setup a new division with new headcount with new purpose to spearhead a new area"

Here I see is just reshuffle existing people into inflated position. While doing the same thing under a new name.
No new head count. No new office space.
Most importantly.
No new leadership