Laid Off Engineer Shoots And Kills Siport CEO And VP
By Reshma Kumar at November 15, 2008 17 Comments|
According to the (cached) company Web site, SiPort is a fabless semiconductor company incorporated in 2004 that received its first round of funding in 2005. Sid’s bio states that he held executive management positions at Alliance Semiconductor (IPO), Layer Five Networks (acquired by Juniper) and Synaptics (IPO) and leadership marketing, sales and engineering positions at Adobe, Intel and Bell Labs. The company is backed by Lightspeed Venture Partners, Morganthaler, New Venture Partners, and Intel Capital. The site might also have been since taken down as it reads “The system cannot find the file specified.”. The company is based in Santa Clara. Related: SAP Layoff Possible Related: Google Layoffs Related: eBay Layoffs |
Tags:
layoffs, recession, silicon valley
17 Comments
[...] Laid Off Engineer Shoots And Kills Siport CEO And VP — This could become a trend. things took a terrible turn yesterday when an Engineer laid off from a local semi-conductor company, Siport, shot and killed the company CEO, Sid Agrawal, VP of Operations, Brian Pugh, and an unidentified woman. [...]
The killer was not laid off. He was fired earlier in the day.
This article seems inaccurate and misleading. The company made an announcement that this was not a layoff due to the economy but instead an HR related dismissal of the employee.
What the matter, don’t the other two people he shot count for anything? Only CEOs get coverage here?
According to the local news, the shooter was NOT laid off. He was fired. The cause for firing was not released, but the shooter also killed the HR person.
[...] “”an Engineer laid off from a local semi-conductor company, Siport, shot and killed the company CEO.”–webguild.org [...]
Come on, we all know that he was laid off.
why fire when can layoff? i thing people laying off other people are getting afraid and would say that Jing Wu was fired.
nadu “why fire when can layoff?”??
So you don’t have to pay out as much, thats why.
Laid off workers generally get something, whereas if you just fire them they might get 2 weeks pay but thats it at the most.
why would they let a fired employee back on the property? Clarly a Bad decision. This is one for the HR textbooks – Most companies would not allow that employee to come back in for retribution or retaliation.
Looks like it would have been better to layoff the person and pay the extra money. I guess it is too late now.
It seems that he was not fired. If he was so bad engineer, then why did they agree to meet with him?
Look, whatever it is fired or laid off, be nice to the employee explain why the company is doing whatever it is doing, show sympathy and truly feel it. Then these things won’t happen, and will help overall…
I read this posting in the morning and one question remains: By what unholy odds was the shooter able to kill all three in one rampage?
People don’t seem to get to the root of any issue. Just blurt out their minds!
Death of three human beings is not a trivial thing one can take it easy.
The murderer did not shoot himself.
There appears to be more than what it looks on the surface.
bad companies here badly, they turn into snake pits.
best avoided.
Freelanceing works if you cultivate superior skills, 15 hours a week earns as much as full time job.
Why fired and not laid off? Because the stock options. I knew some startup practiced petty often. Hire employee with half salary but a lot stocks. Fired them when the stocks is near vest and put the stocks back to employee pool.
[...] With current economic crisis sprawling all over the world, job portals are among the most sought after websites on the net. If you’re one of the unlucky in this crisis, don’t let it bring you down with nonsense act like this. [...]