Breaking News
Comments
Oldest First | Newest First | Threaded View
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.

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...

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?

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).



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

The Best of the Best Videos on YouTube
Max Maxfield
4 comments
A couple of days ago, my chum Paul was visiting me in my office. He'd wandered over from his cubicle in the next bay to take a brief coffee break. This week, Paul had been admiring the ...

Jolt Judges and Andrew Binstock

Jolt Awards: The Best Books
Jolt Judges and Andrew Binstock
1 Comment
As we do every year, Dr. Dobb's recognizes the best books of the last 12 months via the Jolt Awards -- our cycle of product awards given out every two months in each of six categories. No ...

Engineering Investigations

Air Conditioner Falls From Window, Still Works
Engineering Investigations
2 comments
It's autumn in New England. The leaves are turning to red, orange, and gold, my roses are in their second bloom, and it's time to remove the air conditioner from the window. On September ...

David Blaza

The Other Tesla
David Blaza
5 comments
I find myself going to Kickstarter and Indiegogo on a regular basis these days because they have become real innovation marketplaces. As far as I'm concerned, this is where a lot of cool ...