Had the same experience, since I started working 1994, from a processor company, then an optical transciever company until a power supply module company, where Dell is the number one customer... American companies here in the Philippines has really a way of 'releasing' people since 1997, where semiconductor an electronic corporations around the world started to slow down, and the rest are history... They will offer you voluntary resignations, then a separation package, then a severance package. If it sees there are still people need to quit, they will hold performance appraisals and salary increase, if still not, here comes the redundancy package... good luck! I like European companies better though...