Are Layoffs Good for the Semiconductor Industry?
May 2, 2016
As I have mentioned before, semiconductor professionals are very smart people, pound for pound the smartest in the workforce in my opinion. So what happens when thousands of engineers from Qualcomm, Broadcom, Altera, and Intel get shown the door? They don’t go to work for Starbucks, they don’t go to the unemployment line, they continue to innovate, absolutely.
It is not just the semiconductor industry that is shedding, in Q1 2016 technology companies cut more than 17,000 jobs. According to media reports that’s an increase of 148% compared to Q1 2015. According to a Wall Street source that number could hit 260,000 jobs in 2016.
To read the full article, click here
Related Semiconductor IP
- Flexible Pixel Processor Video IP
- Complex Digital Up Converter
- Bluetooth Low Energy 6.0 Digital IP
- Verification IP for Ultra Ethernet (UEC)
- MIPI SWI3S Manager Core IP
Related Blogs
- The Automotive Industry's Next Leap: Why Chiplets Are the Fuel for Innovation
- 70% of re-spin issues are AMS in nature: How mixed-signal design can mess up a perfectly good SoC
- A Brief History of the Fabless Semiconductor Industry
- Dr. Wally Rhines on global semiconductor industry outlook 2013
Latest Blogs
- CNNs and Transformers: Decoding the Titans of AI
- How is RISC-V’s open and customizable design changing embedded systems?
- Imagination GPUs now support Vulkan 1.4 and Android 16
- From "What-If" to "What-Is": Cadence IP Validation for Silicon Platform Success
- Accelerating RTL Design with Agentic AI: A Multi-Agent LLM-Driven Approach