Micron Lays off 10%

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Aron Schatz
Posted
February 19, 2003
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Micron, who's best known for their memory, is laying off 10% of their workforce. I hope the workers will find jobs easily.

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In a statement, Boise, Idaho-based Micron said it is looking to lower its costs while continuing to invest in next-generation 0.11-micron manufacturing technology. Micron has about 18,500 workers, according to spokesman Phil Martin.

The company is still finalizing which positions will be cut, but it expects to notify workers within the next seven days, Martin said. The majority of the company's employees--some 11,000--are based in Idaho.

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