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Cadence Design Systems Inc. Message Board

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  • edabarsteward edabarsteward Oct 6, 2008 6:38 PM Flag

    Big layoffs in Cadence

    Good analysis, although I would say they are in the business of wanting to do better than break even - expect a higher number. I was thinking more like 20% ...probably will be somewhere in between. Also expect N.A. to take a disproportionate share as expenses are higher here - more work will move offshore. Cost per head in N.A. is obviously much higher than India.

    It's bad news for employees, but good news for the stock. If it weren't for the current economic situation, the stock would be very appealing at these levels. But the same can be said of many companies now.

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