I'm not currently on the rumor grapevine for Global, but in semi usually the hiring and firing binges happen because of the demand for the products being manufactured. When people are buying the products, they ramp up production and hire like crazy; When demand drops, they layoff and fire and sometimes reduce hours.
Replay available now: A handful of emerging network technologies are competing to be the preferred wide-area connection for the Internet of Things. All claim lower costs and power use than cellular but none have wide deployment yet. Listen in as proponents of leading contenders make their case to be the metro or national IoT network of the future. Rick Merritt, EE Times Silicon Valley Bureau Chief, moderators this discussion. Join in and ask his guests questions.