Lay-offs galore in the US: 270 have gone at Harris Semiconductor in rationalisation after the acquisition of General Electric’s commercial semiconductor operations; Iomega Corp, Roy, Utah has reduced its workforce by 175 or 15% because of softness in the micro peripherals market; and Rexon Inc’s Wangtek unit laid off 125 people, leaving it with 660 because of higher-than-expected inventory and falling demand for 60Mb and 150Mb tape drives.
HARRIS SEMICONDUCTOR LAY-OFFS 270
