Troubled Symbolics Inc of Cambridge Massachusetts is to sublease over 200,000 square feet of its unused facilities – 120,000 square feet of offices in Concord, 97,000 square feet of manufacturing space in Chatsworth, California as part of a cost cutting exercise: it looks for the move to cut its costs by $2.8m over the next 12 months, and by from $8.5m to $11.1m through 1991.
SYMBOLICA TO SUBLEASE UNUSED FACILITIES
