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mindentropy | 1 year ago
An anecdotal evidence, a large semiconductor in Germany with fabs is moving to "best" cost countries and the message provided is clear by the management. Positions are moved to "best" cost countries and new offices in these locations are being opened. Support jobs i.e. back office, accounting etc are in the process first. R&D is next and many engineers have taken the hint. The biggest customers for them is automotive as is usually the case for most of the German companies. If automotive market falls then they are in serious trouble. Make what you want out of this.
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