Sandisk’s Answer to Falling Prices – Cut Jobs
It looks like memory product maker Sandisk is following in the footsteps of Chrysler, handing out pink slips in response to falling memory prices…
SAN FRANCISCO (Reuters)—SanDisk Corp. said on Friday it will cut 10 percent of its work force and trim executive salaries to compensate for a recent collapse in prices for memory chips, sending its shares down 5 percent.
Source: eWeek
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