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November 21, 1988

50 MORE GO AT ELXSI CORP

By CBR Staff Writer

Minisupercomputer manufacturer Elxsi Corp, San Jose, made a third quarter loss of $3.5m, and has had to cut its workforce by another 20% or so after production schedules for a major new computer slipped. The company cut its workforce 10% in the spring, and the new cut means that its workforce is down another 50 people to about 190. The schedule for testing and shipping the new Pegasus 6460 64-bit computer have slipped by a quarter.

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