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Silicon Storage to layoff 120, or 17 percent of workforce

by TechGrid Staff on December 21, 2008 · 0 comments

Silicon Storage Technology, the Sunnyvale maker of flash memory, said it is in the process of cutting 120 employees, or 17 percent of its staff, according to a filing it made Friday. The action is being taken “to streamline the organization going forward” so as to “to reflect changes in anticipated levels of business.” (SJ Merc News)

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