National Semiconductor to lay off 1,725
Wed, Mar 11th, 2009
National Semiconductor announced Wednesday that it would immediately lay off 850 employees and follow those layoffs with an additional 875 over the next "several quarters" as the company closes two plants: one in Suzhou, China and a second in Arlington, Texas.
The layoffs, which will total 26 per cent of the analog and mixed-signal semiconductor manufacturer's workforce, were announced in the company's financial report for its third quarter of fiscal 2009, which ended March 1, 2009.
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