Welcome Stranger to OCC!Login | Register

Creative Cuts Jobs

Category: Manufacturers, General News
Posted: 08:57PM

With the multimedia company experiencing a drastic amount of revenue lost recently, a staggering $19.7 million, it is cutting nearly 2,700 jobs. This is obviously in direct effect with the net loss it experienced, which is the lowest revenue in a total of five years. This has happened because of the demand for its music players falling, or so Creative is currently claiming. While the job cuts represent roughly half of the company’s work force, it still seems to be ready to deliver the Zii product or product line at the next upcoming Consumer Electronics Show, which is right around the corner.

Register as a member to subscribe comments.

This news has comment postings disabled because it is now archived.

© 2001-2018 Overclockers Club ® Privacy Policy
Elapsed: 0.0598511696   (xlweb1)