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dljvjbsl 12/4/2012 | 11:45:10 PM
re: Headcount: Job Market Blues Zarlink announced its results today and along with them they announced a layoff of 10% of their worldwide staff.

More good news from the telecom semiconductor industry.
rjmcmahon 12/4/2012 | 11:45:09 PM
re: Headcount: Job Market Blues On a similar topic, Greenspan, in his testimony to congress yesterday, indicated that GDP grew in spite of 3.1M private sector job losses. When asked, "Where will new jobs come from?" he said he didn't know but hi-tech innovation was the likely area.

In my opinion, there is huge a disconnect here. Innovative hi-tech requires a modern communications infrastructure which we don't have. It would be like expecting China to become the world's leading manufacturer without first installing an electrical infrastructure to support their mfg industry.

When our society chooses a progressive path (over the current status quo) these "productivity layoffs" will get worse before things turn for the better. Eventually we will get there, but the change will create lots of pain for those who fear it.
SPecial_Guy 12/4/2012 | 11:45:06 PM
re: Headcount: Job Market Blues Has anybody heard of the companies that are posted on the Jobs section? Are they real jobs or just fishing lines from the desperate.
BlueWater66 12/4/2012 | 11:45:06 PM
re: Headcount: Job Market Blues Did Stratos Lightwave shut-down the Paracer parallel optics group? Heard that most (maybe all) of the group has moved to Intel.

The other option would be that Intel has quietly acquired the Paracer parallel product group from Stratos???? Given distressed asset-only sale structures, both companies could have done a transaction without feeling like they needed to announce it....

Stratos has been in a nose dive, so it wouldn't be a surprise. All of the recent comments I've heard about Stratos-Paracer have been negative, so I'm sure things have not been going well over there.
whyiswhy 12/4/2012 | 11:45:04 PM
re: Headcount: Job Market Blues ...continue at a modest 50 or so per month...no press release though...very stealthy, but happening.

buckwheat 12/4/2012 | 11:45:02 PM
re: Headcount: Job Market Blues Last I heard, there have been two RIFs -- one in September '02 and one January '03. They just needed to lose their tenant in 251 to have room to fit everyone in a single building.
yenom 12/4/2012 | 11:45:01 PM
re: Headcount: Job Market Blues buckwheat:

Why the interest? With no prior knowledge of Chiaro, and browsing their website my impression is this company looks to be interesting in a bubble market. Even with Intel throwing cash in the mix, I'm sure they are not immune to the reality of 2003. i.e. so?
ThurstonHowell3rd 12/4/2012 | 11:44:54 PM
re: Headcount: Job Market Blues Brearton left??? How would they know!!!

Gilligan... fetch me another drink and don't forget the umberulla time!!!
atmguy 12/4/2012 | 11:44:54 PM
re: Headcount: Job Market Blues
They have had 3 layoffs to date, each 9-10 months apart. Just like others in this sector.
ragnar 12/4/2012 | 11:44:49 PM
re: Headcount: Job Market Blues Isn't it kind of embarrassing to mention Anita Brearton in an article entitled "Headcount: Job Market Blues"

Are we suppossed to feel sorry for her after cashing out over $20m.....Thurston Howell III should be getting her the umbrella drinks.

By the way....I thought she was consulting for SCMR. Do you consider writing the press releases announcing an earnings call a full time job???? How will the remaining staff ever carry the load?

Now if only the rest of the team would decide to "spend more time with the family" or "pursue other opportunities" they could sell the pig and save on the perfume!
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