Wednesday, February 25, 2009

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flash memory technology firm 'Spansion' to cut about 3,000 jobs

Spansion Inc. said late Monday that it plans to cut its global workforce by roughly 3,000, making it the latest technology company to resort to job cuts in an attempt to grapple with the recession.

Spansion which makes flash memory technology, said the cuts amount to roughly 35% of its employees and would be made primarily at the company's manufacturing sites.

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