Home Exclusive: Hundreds being laid off as Cypress and Spansion merge in $5B deal, internal memo shows
 

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Exclusive: Hundreds being laid off as Cypress and Spansion merge in $5B deal, internal memo shows

2015-03-13 02:24:55| Telecom - Topix.net

Today: The merger of Silicon Valley chip companies Cypress Semiconductor and Spansion will result in layoffs that shave 20 percent of their combined workforces, a memo obtained by the Mercury News shows. Also: Intel slashes forecast as personal-computer outlook dims.

Tags: shows internal deal exclusive

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