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Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?


To: Norrin Radd who wrote (3639)7/17/1998 10:26:00 AM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
ALSC layoff's

I heard alsc has let go of about 20 people in the graphics group. also another 10-20 more will also get layed-off. this is almost 20% of their work force.

they are finally doing this since graphics represents a big portion of their r&d yet only contributes 5% of revenues.

wait for earnings on tuesday..will hear more..