The Austin layoff seems to be quite big. I worry that with lesser players in the industry working on semiconductor design, negotiating for higher salaries would get tougher. what do others think?
Big worry is..Will this be an Indication of semiconductor industry into recession ?
Don’t go by the shit people that were working that. It was a lie they were doing good, they were below par performance mostly due to poor management and poor hiring
With the trade war it is already in a recession. Remember you can sell to Huawei now, who knows what shit Trump will throw next. Better move out of US to avoid sanction.
Definitely not a sign of recession..their cpu and gpu groups were not doing good since some time now.
Interesting. Not doing good as in? Like what kind of indicators were there?
I too heard that its not as competitive as ARM cores or Qualcomm custom cores
No. Samsung, in general, scares me :)
Negotiating in semiconductor world is already so hard, though Samsung’s layoff should not add any further damage. I wish these software giants invest even heavily in semiconductor and help us all in getting better salaries.
Although we wish so but semiconductor business is not lucrative one. Eventually we would be forced to switch to software or die out. Consolidation is impending. Keep coding skills updated anyway
^ this is so true. Software is eating the world. Semiconductor sector is commoditized.
In general, semiconductor industry is consolidating but most businesses are either in profit or break even. Number of Jobs would either decrease or remain at around same
Yes worry us a lot, hardware options keep reducing. Sarc is a highly political organization. Maybe if Korea hires new management things could bounce back. The issue is that a few incompetent people at top can destroy the career of so many below them. If hw engineers needs to survive, we need visionaries at top to make it happen.. currently we have bunch of old losers who don’t know what is wrong and layoff people as a solution, still keeping their job with no shame.
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Did they announce the news?