March 4, 2009

SGI lays off another 120 workers

According to The Register: “Supercomputer maker Silicon Graphics has let go 120 more employees, 9% of its workforce, in an effort to cut costs as its revenues decline.

These cuts come hot on the heels of a 15 per cent layoff announced in mid-December, when SGI slashed 15 per cent of its 1,500-strong workforce, eliminating 225 positions. After the latest rounds of cuts, SGI has approximately 1,155 employees. That latest round cost the company about $3m in severance and related charges, according to the 8K filing, and SGI expects the layoffs to be completed by March 27, 2009.”

December 11, 2008

Rumor: Silicon Graphics to cut up to 20% of the workforce

According to InsideHPC:  “sources inside SGI has confirmed for insideHPC that layoffs are expected at the company today.”
“Additional word from those in a position to know is that Bo sent out an email last night putting the size of the layoffs at between 10% and 20% of the workforce, and it looks like it might be Friday before we know which 20%. Details on the timing are still sketchy.”

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