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EEVblog
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re: Altium, what have you done?
EEVblog   10/18/2012 7:31:25 AM
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Quote: "yes by moving to China... you're still pissed about losing your job - admit it!" Ah, no I wasn't, I was actually ecstatic about it. I was close to moving on anyway, I had had enough, and went on to do my blogging gig full time. The timing was perfect for me for several reasons, both personal and financial. I was very thankful they did not chose me to stay on. All that is public record, including on my radio show the day after I got retrenched. But thanks for having a wild guess!

EEVblog
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re: Altium, what have you done?
EEVblog   10/18/2012 7:30:29 AM
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Ah, no I wasn't, I was actually ecstatic about it. I was close to moving on anyway, I had had enough, and went on to do my blogging gig full time. The timing was perfect for me for several reasons, both personal and financial. I was very thankful they did not chose me to stay on. All that is public record, including on my radio show the day after I got retrenched. But thanks for having a wild guess!

EEVblog
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re: Altium, what have you done?
EEVblog   10/18/2012 7:29:41 AM
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Ah, no I wasn't, I was actually ecstatic about it. I was close to moving on anyway, I had had enough, and went on to do my blogging gig full time. The timing was perfect for me for several reasons, both personal and financial. I was very thankful they did not chose me to stay on. All that is public record, including on my radio show the day after I got retrenched. But thanks for having a wild guess!

 brentsinger
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re: Altium, what have you done?
brentsinger   10/18/2012 6:44:53 AM
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"It was the immediate financial benefit on this years books of retrenching a large percentage of the company (myself included, being a former employee), and getting those higher paid western staff off the books. " yes by moving to China... you're still pissed about losing your job - admit it!

EEVblog
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re: Altium, what have you done?
EEVblog   10/18/2012 1:45:25 AM
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I think the recent recovery of the share price and financial performance of the company had nothing at all to do with moving to China per se. It was the immediate financial benefit on this years books of retrenching a large percentage of the company (myself included, being a former employee), and getting those higher paid western staff off the books. And that's even with the multi-million dollar financial baggage of the now abandoned Sydney HQ. So the savings have been quite large indeed. Most of the people I worked with at Altium (who didn't ultimately want to go to China) are now gone, including much of the programming staff. And now Nick is gone too, and if people didn't know, Nick was still quite a hands-on developer at the company as well as setting the direction. I do hope they have enough new talent to make up for it all. So I think it's way too early to see if moving to China had the strategic benefit it was supposed to. i.e. access to a much larger programming talent pool at lower cost to the company. From what I've been hearing, it's not as easy to get very good, low cost and loyal programmers in Shanghai. It is certainly the end of an era, having used Protel from DOS Autotrax 1.6 myself. I wish Nick all the best, and I doubt we've heard the last of him in this space. I expect he'll put his talent toward something new ad interesting pretty quickly.

ReneCardenas
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re: Altium, what have you done?
ReneCardenas   10/17/2012 8:36:12 PM
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Well like all proud parents, I hope his child project Co. matures and makes him proud. Do you know of "the compensation" for his efforts? Altium has come a long way and show a vision that could make great impact on how other companies provide tools for electronic assembly design and sustain engineering. Hope the best for Nick!

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