On Wed, Dec 17, 2008 at 2:40 PM, Vitaliy wrote: >> That would not surprise me at all. After all, Microchip is just >> another US public >> listed company and is (and still will be) also greatly affected by the >> economy downturn. > > I don't see how being a private company is an advantage in this case, and > thus fail to see the relevance of Microchip being a public company. Am I > missing something? > It is just my personal perception that US companies, especially public listed companies tend to be more "cruel" and will lay off people more easily, due to the fact that they have share holders (often big enterprise, investment fund, etc). Even when the companies are still earning good money, just because the perceived growth will slow down, the company will lay off people. Japanese companies and European companies normally take layoff much more serious, often when the companies have already lost money for several years. But again, this is just my personal perception. Xiaofan -- http://www.piclist.com PIC/SX FAQ & list archive View/change your membership options at http://mailman.mit.edu/mailman/listinfo/piclist