Breaking News
Comments
Newest First | Oldest First | Threaded View
SG1279
User Rank
Rookie
Layoffs
SG1279   7/27/2013 11:07:32 AM
NO RATINGS
I think there are other reasons as well for layoffs rather than just business conditions. 

IMHO ISIL is setting itself up for sale in 6-9 months. Don joined the board recently after selling NatSemi and the CEO has changed recently as well.

Laying off engineers cannot be a growth strategy. They are prepping for buyout and trying to improve bottomline numbers/ratios to get better valuation. (just my theory).

WW Thinker
User Rank
Rookie
re: Intersil to cut 11% of workforce
WW Thinker   5/26/2012 6:15:16 AM
NO RATINGS
It is particularly tough for the engineers in California. I wish there be a substantial cut to the pay & bonus for the CEO and VPs as a condolence to those laid-off engineers! After all, should the senior management be held accountable for the business failures?

mcgrathdylan
User Rank
Blogger
re: Intersil to cut 11% of workforce
mcgrathdylan   5/24/2012 6:02:46 AM
NO RATINGS
Tough day indeed. Just when it seemed things were picking up across the industry...

george.leopold
User Rank
Rookie
re: Intersil to cut 11% of workforce
george.leopold   5/24/2012 12:24:41 AM
NO RATINGS
This on top of 27,000 jobs at HP. Another tough day for engineers.



Most Recent Comments
kfield
 
BrainiacVI
 
Max The Magnificent
 
kfield
 
mhrackin
 
BrainiacVI
 
David Ashton
 
Max The Magnificent
 
Max The Magnificent
Most Recent Messages
9/16/2014
5:45:13 PM
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Max Maxfield

Oh, No! My Antique Analog Meter Has Twitched Its Last
Max Maxfield
19 comments
Well, life is certainly full of ups and downs, isn't it? When it comes to the antique analog meters I'm using in a number of my hobby projects, things appeared to be going swimmingly well, ...

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)