Wednesday, November 12, 2008

National Disgrace: National Semiconductor Layoffs

National Semiconductor has joined the bandwagon and decided to cut 5% of its staff, about 350 jobs lost.

National Semiconductor outcasts can now join their AMAT friends as misery loves company. AS if some sectors, areas, or otherwise products are immune to the clownsumer; this is not one of them. In response, these layoffs will put pressure on real estate in the Silicon Valley. As much as others will thinkt hat their property or their neighborhood is immune, I just say 'give it time'.

National Semiconductor is headquartered in Sillicon Valley in Santa Clara, CA.

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