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I used to work in the semiconductor equipment industry in the 90s and it was quite cyclical. One year the demand was great and they were hiring like crazy and t
by pkaye 7y ago
I used to work in the semiconductor equipment industry in the 90s and it was quite cyclical. One year the demand was great and they were hiring like crazy and the next year things were looking dismal and they had to do layoffs. This repeated many times though the overall trend was of growth. I managed to stick around for some time since I was in R&D and with a bit of luck. Things smoothed out considerably over the decades.
- dylan604 7y agoDoes this follow companies not buying new equipment annually, but wait a couple of years inbetween before the next upgrade?
- Polylactic_acid 7y agoI'm not sure why all companies would be on the same cycle of upgrading. You would assume they would all be offset and it wouldn't make a difference in sales.