silicontap.com
Search
Quantum Chops 180 Employees
San Jose-based data storage manufacturer Quantum Corporation said Monday that it has cut 180 employees, or approximately eight percent of its staff. Quantum said the move was largely in response to the global financial crisis and related market uncertainty. Quantum expects to save $18M from the moves.
posted on Tuesday, November 25, 2008

Related companies:
Quantum Art, Inc.

Related stories:
> Quantum Gains $100M In Financing From EMC
> Atmel Completes Quantum Research Group Buy
> Atmel Buys Quantum Research
> Quantum: ADIC Acquisition To Close August 22
> Quantum, Riverbed Settle Patent Fight

silicontap.com Home