Breaking News
Comments
Oldest First | Newest First | Threaded View
Page 1 / 2   >   >>
_hm
User Rank
CEO
re: Exar cuts 40% of jobs
_hm   3/29/2012 12:34:26 AM
NO RATINGS
Dinardo should have put in more efforts to save all these jobs. Was these cut mainly for technical job or otherwise?

daleste
User Rank
CEO
re: Exar cuts 40% of jobs
daleste   3/29/2012 2:11:46 AM
NO RATINGS
This is a small company, but I think they have to be really out of control to need to lay off 40% of their workforce.

jg_
User Rank
Rookie
re: Exar cuts 40% of jobs
jg_   3/29/2012 9:45:41 AM
NO RATINGS
Wow -40% in two months, is some hatchet job. Even those left, will be polishing their CV's...

goafrit
User Rank
Manager
re: Exar cuts 40% of jobs
goafrit   3/29/2012 12:58:55 PM
NO RATINGS
Bad news for many families. One of the things I hate about capitalism

phoenixdave
User Rank
Rookie
re: Exar cuts 40% of jobs
phoenixdave   3/29/2012 1:30:50 PM
NO RATINGS
I wonder how much of the 40% was domestic and how much from overseas operations. It may be that they are now subcontracting some services in order to keep internal costs down?

t.alex
User Rank
Rookie
re: Exar cuts 40% of jobs
t.alex   3/29/2012 1:40:47 PM
NO RATINGS
From which departments are these jobs?

C VanDorne
User Rank
CEO
re: Exar cuts 40% of jobs
C VanDorne   3/29/2012 2:59:13 PM
NO RATINGS
You are all missing the larger point here. Companies are not in business to provide jobs. They are in business to serve markets and make money doing so. What is Exar's primary market and is it shrinking, or stagnant? If it's growing then why was Exar unable to meet that market's demands?

old account Frank Eory
User Rank
Rookie
re: Exar cuts 40% of jobs
old account Frank Eory   3/29/2012 5:27:03 PM
NO RATINGS
For a company with only 270 employees and $120M per year in revenue, they seem to be excessively diversified -- products & business segments in communication, datacomm & storage, interface and power management. And bleeding lots of cash. Perhaps DiNardo is preparing to sell a business unit or two, so they can focus on just one or two things they see as growth opportunities, and at the same time raise some cash.

Bert22306
User Rank
CEO
re: Exar cuts 40% of jobs
Bert22306   3/29/2012 9:17:06 PM
NO RATINGS
DiNardo said: "Our basic cost structure is sound; we have a major design center in China, a majority of test operations offshore and we are now a lean organization." My bet is, they are moving most of the company to China (design and test, I bet manufacturing is mostly done there too?). One wonders when the CEO will move. I was listening to an interesting NPR program recently, about expats. There are apparently plenty of opportunities for people willing to relocate overseas. When I was growing up, this applied to Western Europe. I think these days, best to look to the Pacific rim. This is a logical result of globalization, after all. And I'm not sure that a government policies can stop it from happening.

phoenixdave
User Rank
Rookie
re: Exar cuts 40% of jobs
phoenixdave   3/29/2012 10:11:21 PM
NO RATINGS
How would the salaries compare between expats and full-time residents in the Pacific Rim? I can't imagine a lot of people would want to relocate for a $350/month salary.

Page 1 / 2   >   >>


EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Max Maxfield

Steve Wozniak Reacts to Latest iPhone
Max Maxfield
5 comments
Funnily enough, just a few days ago as I pen these words, I was chatting with my wife (Gina the Gorgeous) when she informed me that -- as a kid -- she had never played at making a ...

EDN Staff

11 Summer Vacation Spots for Engineers
EDN Staff
20 comments
This collection of places from technology history, museums, and modern marvels is a roadmap for an engineering adventure that will take you around the world. Here are just a few spots ...

Glen Chenier

Engineers Solve Analog/Digital Problem, Invent Creative Expletives
Glen Chenier
15 comments
- An analog engineer and a digital engineer join forces, use their respective skills, and pull a few bunnies out of a hat to troubleshoot a system with which they are completely ...

Larry Desjardin

Engineers Should Study Finance: 5 Reasons Why
Larry Desjardin
46 comments
I'm a big proponent of engineers learning financial basics. Why? Because engineers are making decisions all the time, in multiple ways. Having a good financial understanding guides these ...

Flash Poll
Top Comments of the Week
Like Us on Facebook
EE Times on Twitter
EE Times Twitter Feed

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)