Has the layoff wave begun?
Dylan McGrath, EETimes
11/10/2011 2:09 PM EST
Fears about a wave of successive layoffs by semiconductor firms were stoked last week when two chip makers gave out walking papers.
AMD announced it would cut about 10 percent of its workforce, roughly 1,400 jobs. Spansion—the NOR flash memory vendor that, ironically, was once an AMD subsidiary—said it would ax about 750 jobs, or around 20 percent of its workforce.
These actions have led many people to question—with some trepidation—whether we have entered that period in a semiconductor industry down cycle when fear and the herd mentality both set in, leading to layoffs at many firms.
E-mail This Article | Printer-Friendly Page |
Related News
- Is Semiconductor M&A Wave Dissipating?
- Lattice Semiconductor Takes Additional Action to Reduce Operating Expenses; Company to Discontinue Millimeter Wave Business to Focus on Core Business Opportunities
- Fujitsu Semiconductor and Mie Fujitsu Semiconductor License Nantero's NRAM And Have Begun Developing Breakthrough Memory Products for Multiple Markets
- Semiconductor Merger Mania: A Change From Historical Norms?
- Wave Semiconductor Selects Andes Technology for Embedded Core Wave to Use N9 5-Stage Pipeline CPU Core
Breaking News
- Micon Global and Silvaco Announce New Partnership
- Arm loses out in Qualcomm court case, wants a re-trial
- Jury is out in the Arm vs Qualcomm trial
- Ceva Seeks To Exploit Synergies in Portfolio with Nano NPU
- Synopsys Responds to U.K. Competition and Markets Authority's Phase 1 Announcement Regarding Ansys Acquisition