Mr. Larson, a product manager, works closely with engineering to define, design, and manufacture new products and with customers to understand their requirements. I am very satisfied with my job because it offers continuous challenges. There always are opportunities to take on greater responsibilities, he said. According to Mr. Larson, he has confidence in his company so he feels secure in his job. My company is very well run, he said.
Management is stable and perhaps a bit conservative.
However, based on the current economic climate, he believes many people are finding fewer options in the workplace. Electronics companies generally are flat or shrinking, so opportunities for job change or growth are limited, Mr. Larson said. At Teradyne, Mr. Larson said the change in the economy has had a negative effect on bookings, and as a result, the company is concentrating on cost reductions. Travel has been cut, large purchases have been delayed, and if things continue to stay slow, further measures will be taken, he said. Our slowdown in business is a direct result of a slowdown in the semiconductor manufacturing industry.