SanDisk layoffs appear to be in the works

Iria · Oct 23, 2008, 02:51 AM

In the wake of a big loss posted this week by SanDisk, layoffs appear to be in the offing.

On Monday, SanDisk said in prepared remarks that as part of its efforts to reduce operating expenses, "actions will be implemented in the current quarter" and will include "canceling or exiting a number of products and marketing activities, and will result in employee reduction in R&D, Sales & Marketing, G&A, and Operations."
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Source: Nanotech

Oct 23, 2008, 02:51 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	SanDisk layoffs appear to be in the works In the wake of a big loss posted this week by SanDisk, layoffs appear to be in the offing. On Monday, SanDisk said in prepared remarks that as part of its efforts to reduce operating expenses, "actions will be implemented in the current quarter" and will include "canceling or exiting a number of products and marketing activities, and will result in employee reduction in R&D, Sales & Marketing, G&A, and Operations." ___________ Source: Nanotech