Mosaid lays off one-third of staff

Article Abstract:

Ottawa, Ont.-based Mosaid Technologies Inc., which will take a $6 million charge for reducing its labor force, will lay off between 104 and 162 employees. Mosaid, which has been hurt by a slowdown in the semiconductor sector, is led by chief executive officer George Cwynar.

Canada, Forecasts, trends, outlooks, Executive changes & profiles, Officials and employees, Mosaid Technologies Inc., Industry forecasts

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Blue-chip tech stocks back in fashion

Article Abstract:

Industry analysts said that Intel Corp.'s financial picture may be improving, following a report that it would not change its earnings projections. Redwood City, Calif.-based Oracle Corp. is attempting to acquire PeopleSoft Inc. for $5.1 billion in a hostile takeover bid.

United States, Acquisitions & mergers, Computer software industry, Software industry, Mergers, acquisitions and divestments, Intel Corp., INTC, Company acquisition/merger, Oracle Corp., ORCL, PeopleSoft Inc., PSFT

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