AfterDawn: Tech news

Sonicblue lays off 90 employees

Written by Petteri Pyyny (Google+) @ 12 Sep 2001 7:51

Sonicblue, manufacturer of well-known Rio MP3 players and other consumer electronics, annaounced that it will lay off an additional 90 employees. Company laid off over 200 employees in July in order to cut costs. This time pink slips are handed out because company has ceased its chip manufacturing business and will focus on digital audio and video products.

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