(Reuters) - SAN FRANCISCO, June 27 - Chip maker LSI Corp. said on Wednesday it will cut about 900 jobs, or roughly 13 percent of its non-production workforce, as part of a broad plan to reduce costs.
LSI, which makes chips used in DVD recorders and hard drives, also gave revenue and earnings forecasts that were lower than the average Wall Street estimate, saying the market for its products was turning out to be weaker than expected.
Read more at Reuters.com Market News
LSI, which makes chips used in DVD recorders and hard drives, also gave revenue and earnings forecasts that were lower than the average Wall Street estimate, saying the market for its products was turning out to be weaker than expected.
Read more at Reuters.com Market News
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