InterDigital Inc (IDCC)

[blueskywaves]

IDCC is no different from many tech companies which typically cut 5% to 20% of their technical headcount annually to make room for new technical talent. It also keeps the technical talent from getting complacent.

Here's IDCC headcount since 1995. If I recall correctly IDCC's technical headcount ranged from 50% to 75% of the total headcount during this time period.

 
 YEAR        HEADCOUNT         KEY EVENT 
 ... 
 1995           183          Motorola Debacle 
 1996           278          BCDMA Alliance 
 1997           205 
 1998           215 
 1999           126          Nokia deal 
 2000           191 
 2001           319 
 2002           300 
 

216 out of the 300 employees in 2002 were in R&D so if your, hum, report is correct that 30 engineers were laid off that would mean a 14% cut. Nothing out of the ordinary.

This is definitely my last post to you.<g>