| Cadence to Cut Staff in 'Silicon Glen' |
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| Written by Mike Buetow | |||
| Tuesday, 19 April 2005 04:44 | |||
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LIVINGSTON, SCOTLAND -- Cadence Design has closed its design services unit in Scotland's "Silicon Glen" and up to 60 staff are expected to lose their jobs. In a published report, the company confirmed it had put its local design services staff on a 30-day consultation period from April 10, and that "a significant number" of the 90 staff were likely to lose their jobs. Tim Barnes, vice president for marketing at Cadence, said, "We made a strategic decision two years ago to focus on our software products, which design and develop integrated circuits for semiconductor makers and others. "As part of this strategy, we must balance our design-service capabilities as makes sense. Our core business is software."
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