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ADI misses targets, sees further decline

8/16/2011 09:07 PM EDT
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krisi
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CEO
re: ADI misses targets, sees further decline
krisi   8/25/2011 12:07:11 AM
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I agree with @docdivakar. The business needs to adjust. And occasional pruning of bad employees is healthy. Would you rather have social economy with guaranteed employment? Well, I was born and educated in Eastern Europe, I can tell you that guaranteed employment model simply doesn't work...Kris

docdivakar
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re: ADI misses targets, sees further decline
docdivakar   8/22/2011 8:25:15 PM
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Emotions aside, it is impractical for any company to retain employees while bleeding red. The question is how long a business can sustain deficit spending in hopes of a turn around to recoupe later. Companies like ADI may have been successful in the past by retaining employees while the revenues are in decline. With good leadership, vision and innovation which ADI appears to have, it can most likely turn around to sustained growth. Whereas companies like Cisco and HP have dumped product lines, business units, not to mention thousands of employees! Dr. MP Divakar

gsdg90
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Rookie
re: ADI misses targets, sees further decline
gsdg90   8/17/2011 7:12:25 PM
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Truekop, That simply is not true. There have been brutal layoffs in wireless (pre-Mediatek), MEMS, DSP, and other groups (seem to remember something about a DSL group, but not certain). Perhaps, you work in an isolated design center on core analog products?

truekop
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re: ADI misses targets, sees further decline
truekop   8/17/2011 3:51:03 PM
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@gsdg90 I think that comment is inaccurate, ADI is one of the few companies that does not layoff folks, even in the 08 downturn when TI,NSC, MAXIM layed 100's of people ADI did not.

gsdg90
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Rookie
re: ADI misses targets, sees further decline
gsdg90   8/17/2011 3:40:00 PM
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I expect to see many layoffs while management takes astonishing bonuses that could have been used to keeps hundreds of employees.

any1
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CEO
re: ADI misses targets, sees further decline
any1   8/17/2011 3:15:28 PM
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I wonder how much of this was related to the after effects of the natural disasters in Japan and the resultant shock to the automotive parts supply chain. Doesn't ADI have a big market share in airbag sensors and other automotive electronics?

daleste
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CEO
re: ADI misses targets, sees further decline
daleste   8/17/2011 12:52:06 PM
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I hope we will see some strengthening in the market as we head into the 4th quarter.

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