SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Read-Rite
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Oliver who wrote (4753)4/24/1999 11:44:00 AM
From: Gottfried  Read Replies (1) of 5058
 
Mark, "Read-Rite to lay off 2,400 of 18,000 workers"


Read-Rite Corp. will announce the lay-off of more than 2,400 of its
18,000 employees on Monday. An estimated 120 of those layoffs will
be from the company's operations in Milpitas and Fremont, with the
rest overseas. The company, which has said it expects to post a loss
for the quarter, will release financial results for the second quarter
Monday.

From Saturday's San Jose Mercury News
mercurycenter.com

Gottfried
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News