I agree this was closer to a peanut butter layoff and not focused on any product or product line. I did hear they killed off the Invarium OPC solution and some of the ClearShape tools are now just options on Encounter.
Don't know, but at least the senior executives had their bonuses revoked ! Oops, there are none left anyhow.
From 8K but not in press release (e) Cadence has determined that no payment shall be made to Cadence's named executive officers or the other participants in the Cadence Senior Executive Bonus Plan for performance in fiscal 2008.
hit across all bu. me one. cld not figure out why not considering to let go redundent mgrs / dirs plenty of them overlapping. mktg dir in sea???. bring in new wine in old bottle to make fresh team. good products. only requires new talented work team. my 50 cents.