Thu, May 23, 2013, 10:35 AM EDT - U.S. Markets close in 5 hrs 25 mins
1700 jobs = $ 450 M annual savings : that's $265,000 per employee... WOW, I never made that much when I worked there ! .... maybe, if they let everyone go, they could make a fortune... guess the BOD has already figured that out.
Fire a few of the boyz at the top and you can ratchet up those per employee savings. Looks like TI is going the way of Intel & Microsoft, low to no growth, why the high P/E?