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News brief: Legend will slash 10% of its work force by March

Compiled from outside sources by Jesse Wang, Research Center; Willie Teng, DIGITIMES Asia 0

Legend Holdings plans to slash its workforce by 5% in two weeks and by up to 10% or 500 people by the end of its fiscal year in March 2002. The layoff will target non-manufacturing employees who have been with the company for over a year.

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