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Xilinx cuts 250 jobs.

Started by Symon June 4, 2008
http://www.edn.com/article/CA6566989.html



Symon wrote:
> http://www.edn.com/article/CA6566989.html >
Saw that. Wonder if Austin will be along shortly, to claim Xilinx is (once again) leading the pack... ;) -jg
On Jun 4, 6:42=A0pm, Jim Granville <no.s...@designtools.maps.co.nz>
wrote:
> Symon wrote: > >http://www.edn.com/article/CA6566989.html > > Saw that. > > Wonder if Austin will be along shortly, to claim Xilinx is > (once again) leading the pack... ;) > > -jg
C'mon, be nice. This is not funny. It's the very first lay-off in the 25-year history of Xilinx. Peter
> > Symon wrote: > > >http://www.edn.com/article/CA6566989.html > > > Saw that. > > > Wonder if Austin will be along shortly, to claim Xilinx is > > (once again) leading the pack... ;) > > > -jg > > C'mon, be nice. This is not funny. It's the very first lay-off in the > 25-year history of Xilinx.
Profits up by 7% then staff down by 7%. Presumably will be followed by large executive level bonuses. How can your company still be advertising jobs?
Jon Beniston wrote:

> Profits up by 7% then staff down by 7%. Presumably will be followed by > large executive level bonuses. How can your company still be > advertising jobs?
Assuming Xilinx doesn't want to reduce the staff even more, it is just some mathematic: 7% for 250 jobs means Xilinx has about 3500 people. If everyone works some 20 years and then go into retirement or changes the job, Xilinx needs about one new employee every two days to keep the staff number at the same level. Using this calculation, I wonder why they cut the jobs, because not employing new people for about 2 years would have the same result. -- Frank Buss, fb@frank-buss.de http://www.frank-buss.de, http://www.it4-systems.de
On Jun 5, 7:31=A0am, Frank Buss <f...@frank-buss.de> wrote:
> Jon Beniston wrote: > > Profits up by 7% then staff down by 7%. Presumably will be followed by > > large executive level bonuses. How can your company still be > > advertising jobs? > > Assuming Xilinx doesn't want to reduce the staff even more, it is just som=
e
> mathematic: 7% for 250 jobs means Xilinx has about 3500 people. If everyon=
e
> works some 20 years and then go into retirement or changes the job, Xilinx=
> needs about one new employee every two days to keep the staff number at th=
e
> same level. > > Using this calculation, I wonder why they cut the jobs, because not > employing new people for about 2 years would have the same result. > > -- > Frank Buss, f...@frank-buss.dehttp://www.frank-buss.de,http://www.it4-syst=
ems.de Interesting theory, but we first have to get rid of sexual propagation, and institute massive cloning, so that all employees have the same brain cells, and then also receive the same experience and education. Really make them interchangeable. Brave New World... Peter Alfke
OK,

What about the press release did you not get?

We reorganized from a business unit structure, to a functional unit
structure.

We recognized the need to be more efficient, and serve our customers better.

Get it?

http://press.xilinx.com/phoenix.zhtml?c=212763&p=irol-newsArticle&ID=1162292&highlight=

Better to re-organize when times are good.

It wasn't fun, but in my 13 years in telecom, and my 10 years here at
Xilinx, it was the best 'RIF' I have ever seen, done in a fashion which
is consistent with Xilinx values, in which respect for the employees is
held very dear.

Ever heard of what any of the tel/com/ companies did?  Still do?

Yet, Xilinx is a business, and has stockholders:  there are certain
realities in this world we can not choose to ignore.

I will verify that those who worked for me were excellent people, and if
I had a position for them, I would hire them back in an instant.

Austin
On Jun 5, 11:14 am, Peter Alfke <pe...@xilinx.com> wrote:
> On Jun 5, 7:31 am, Frank Buss <f...@frank-buss.de> wrote: > > > > > Jon Beniston wrote: > > > Profits up by 7% then staff down by 7%. Presumably will be followed by > > > large executive level bonuses. How can your company still be > > > advertising jobs? > > > Assuming Xilinx doesn't want to reduce the staff even more, it is just some > > mathematic: 7% for 250 jobs means Xilinx has about 3500 people. If everyone > > works some 20 years and then go into retirement or changes the job, Xilinx > > needs about one new employee every two days to keep the staff number at the > > same level. > > > Using this calculation, I wonder why they cut the jobs, because not > > employing new people for about 2 years would have the same result. > > > -- > > Frank Buss, f...@frank-buss.dehttp://www.frank-buss.de,http://www.it4-systems.de > > Interesting theory, but we first have to get rid of sexual > propagation, and institute massive cloning, > so that all employees have the same brain cells, and then also receive > the same experience and education. > Really make them interchangeable. > Brave New World... > Peter Alfke
Peter, There are just some posts that are better left without responses. I think Frank's was one of those. I have seen layoffs of just 2% of a workforce. Of course, it was followed by more layoffs of 2%, 4% and 5%. But I don't see that happening with the FPGA companies... at least not yet. Rick
On Jun 4, 4:45=A0pm, "Symon" <symon_bre...@hotmail.com> wrote:
> http://www.edn.com/article/CA6566989.html
I had a job offer from Xilinx Albuquerque last year. One of the positives touted was the company had never had a layoff. Sorry to see that is no longer true. Good company, products and people. Hopefully this is a one-time thing.
rickman wrote:

> There are just some posts that are better left without responses. I > think Frank's was one of those.
I don't see what was wrong with my post, I just explained why big companies needs new people all the time. And Peter's comment is right: a company can't stop hire people, because if someone like Peter would leave the company, someone from accounting can't replace him. -- Frank Buss, fb@frank-buss.de http://www.frank-buss.de, http://www.it4-systems.de