[LayoutGuru2]

Did you happen to see this one two weeks ago?

Cadence layoffs coming, analysts say
http://www.eedesign.com/story/OEG20030627S0022

Now that Oregon's unemployment rate is up to 8.5%, I wonder if there is any truth to statements I've heard saying that the rate is over 20% for those in the technical fields.

[nwrep]

Now that Oregon's unemployment rate is up to 8.5%, I wonder if there is any truth to statements I've heard saying that the rate is over 20% for those in the technical fields.

I saw that, LayoutGuru. Does not surprise me about Cadence.

That 20% number seems on the high side. There aren't that many unemployed tech people in OR. It is too expensive to live, they just leave the state.

[sonofron]

"Observers said that despite pouring hundreds of millions into R&D, Cadence's R&D team hasn't developed from scratch a market leading IC design product in over half a decade. "

Maybe they need to downsize a little in order to focus on what they are best at or in order to figure out what is profitable. It's hard to justify paying R&D people who aren't producing the results they want. This is coming from a guy who may be in R&D someday.