Micron Issues Statement as It Begins Its Plan to Lay Off Ten Percent of Its Global Staff

Peter_Brosdahl

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Micron has issued a statement as it has begun staff reduction measures announced in its December earnings call. The Idaho-based chip maker previously stated that "Executive salaries are also being cut for the remainder of fiscal 2023," and that "over the course of the calendar year 2023, we are reducing our headcount by approximately 10% through a combination of voluntary attrition and personnel reductions."

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