Atmel slashes jobs

If the c**** go down I'll be very, very, f***** annoyed. If they're in such bad nick they should have grabbed the f****** Mchip offer while it was still on the f***** table. Jeez, only switched to the nice AVR last year, after 16 years of wrestling with f***** PICs and now the Atmel b******* look like they'll be f****** me over. So Atmel will wipe out my intellectual investment and the credit crunch has already wiped out my cash investments. What's the f****** point of it all?. I think I'll emigrate somewhere and grow poppies for a living :)

I smelled this coming around 1.5 years ago, seeing projects snuffed abruptly... Colorado Springs.

...Jim Thompson

It's not over till it's over. In this environment, even the best of the institutions are pulling in their necks, and trimming their budgets. That's a good sign, not a bad sign. Sorry. It may not be good for the economy, but it's good for the company.

On a sunny day (Tue, 16 Dec 2008 14:19:55 -0800 (PST)) it happened snipped-for-privacy@jjdesigns.fsnet.co.uk wrote in :

Too many US helicopters hovering in Afghanistan... Colateral damage...

Go FPGA, maybe Atmel processor has been done, look at

hehe

True :-(

...Jim Thompson

While most are pulling inside the shell, others have an opportunity=20 to take market share. Either way it's a gamble.

Offhand, their loss doesn't look bad -- just $4.7 million on $400 million in revenue. Seems like they're acting sensibly in cutting back too.

I don't know what their overall financial position is-- I didn't dig that deeply.

James Arthur

This scaling back is the kind of positive feedback loop that only makes the problem worse - many current smaller rc helicopters are built around atmega48's ;-)