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Cymer Lays Off 100, Makes Across The Board Pay Cuts

socalTECH

San Diego-based Cymer, a developer of light sources used for semiconductor manufacturing, said late Thursday that the firm has laid off 100 people, or 10 percent of its personnel. Cymer announced the move in conjunction with reduced earnings estimates for Q4 2008. Tags: cymer jobs employment economy layoff semiconductor.

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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

I’d rather be Roger Ehrenberg with a thesis around data-centric companies and base my investment decisions on the skills I’ve developed in my career. My thesis on why this is happening is that large tech companies didn’t invest enough in R&D between 2008-2010 (Google even went through layoffs!!!)

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