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Technology / AI and automation

CRAY CUTS 400 JOBS…

In the biggest lay-off in its history, Cray Research Inc is cutting 400 manufacturing jobs in Chippewa Falls, Wisconsin following completion of the shift to the Y-MP from the X-MP. In the past it has been able to redeploy people, but sales are now too slow. It will take a $3m charge with 1989 figures and looks to save itself $10m a year.

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CBR Staff Writer

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