Saturday, February 28, 2009

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Laid-off Spansion employees outraged over execs' pay increases

Earlier this week, as 3,000 employees of Spansion, the Sunnyvale semiconductor company, were being laid off, many of their bosses were getting pay increases.

That juxtaposition — against the backdrop of the deteriorating economy and nationwide anger about greedy executives — has triggered outrage among the workers who have been let go.

Scores of the laid-off workers jammed a West San Jose pizza parlor Thursday to join two class-action lawsuits against the firm and to vent their anger. Click here for complete story.

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