1.69 Micron plans staff decimation as demand dips to Great Recession levels

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Micron plans staff decimation as demand dips to Great Recession levels
Date: 2022-12-23 [theregister.co.uk]

Lower demand? Bid adieu to 10% of workers and cut production

American chipmaker Micron Technology plans to cut 10 percent of its workforce and significantly reduce capital spending next year as demand for its memory and storage silicon have reached lows not seen since the Great Recession in 2009.
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