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Renesas to Cut Hundreds of Jobs

Renesas to Cut Hundreds of Jobs

   Tokyo, Jan. 8 (Jiji Press)--Renesas Electronics Corp. plans to cut hundreds of jobs, or less than 5 pct of its total global workforce of some 21,000, due to a slump in semiconductor prices, people familiar with the matter said Tuesday.
   The Japanese chipmaker will forgo an annual wage increase in April.

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AFP-JIJI PRESS NEWS JOURNAL


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