Auric Goldfinger's Short List Message Board

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Non-Tech : Auric Goldfinger's Short List

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To: afrayem onigwecher who wrote (11598)	5/8/2003 5:57:26 PM
From: StockDung	of 19428

3DO says warns staff of mass layoffs LOS ANGELES, May 8 (Reuters) - Video game publisher 3DO Co. <THDO.O> on Thursday said it notified its staff in writing that it expects to conduct a "mass layoff" as of July 1. Redwood City, California-based 3DO, in a filing with the U.S. Securities and Exchange Commission, said it notified its employees in writing on May 2 of "a mass layoff affecting a significant portion of its workforce," expected to occur on July 1. 3DO closed shares up 1.2 percent at $2.44 on Nasdaq before the SEC filing. 05/08/03 17:17 ET

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