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Power-One Chops Another 300 Workers

socalTECH

The firm said the cuts bring the company's reduction in headcount to 1300, or 29 percent of its staff. The revelation came as part of the firm's Q2 2009 results, when the firm said it had net sales of $91.2M, a 39% decrease from the $149.3M in sales it had in Q2 of 2008. READ MORE>>.

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Broadcom To Lay Off 200

socalTECH

According to Broadcom, the company is looking to manage its costs and focus on operating cash flow, and is implementing cost saving measures including delaying salary increases, a reduction in workforce, and a variety of other "belt-tightening" actions. Tags: jobs employment layoff broadcom. READ MORE>>.

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