Micron to Lay Off 2000 Workers
Jordan Yerman | February 24, 2009 at 09:48 amby
159 views | 0 Recommendations | 0 comments
Micron Technology, makers of DRAM memory technology, will be laying off 500 employees immediately, and up to 1,500 more by the end of the fiscal year.
Micron makes the memory chips which are used in iPods.
“We remained hopeful that the demand for these products would stabilize in the marketplace and start to improve as we moved into the spring. Unfortunately, a better environment has not materialized, and we are at a point where we wanted to let our employees and the community know in advance what will occur later this summer,” said Steve Appleton, Micron Chairman and CEO.
Also see the story about Spansion, who had to cut 3,000 jobs due to failing to merge with Micron. No safe ports in this storm, it seems.
These members have powered this story: