Layoffs, Layoffs

As Mitch Reifel reports in Linked-In CMOS/CCD Image Sensor Group discussions, Kodak has shuttered its CMOS sensor group. The group was the home of many technological innovations. Unfortunately the nice ideas have not translated into the market success. Sad story.

Another layoff story brought to my attention is Cypress/Fillfactory site layoffs. My understanding is that a significant part of Filfactory staff has been let go. Formerly I wrote that Fillfactory is profitable inside Cypress - it looks like I was grossly wrong. Another sad story.

Update: Kodak CIS group layoffs message disappeared from the Linked-In group. Still, Kodak layoffs are real, confirmed by other sources.

Update #2: The validity of information about Cypress/Fillfactory layoffs is questioned in comments. Till the official confirmation one should see it as an unconfirmed rumor.