120 More Jobs Eliminated by Exar Corp. Located in Kato Business Park, Fremont, CA



Exar Corporation (NASDAQ: EXAR), which is headquartered in the Kato Business Park in Fremont, CA, issued a press release today stating that it will eliminate about 120 jobs or 30% of it’s worldwide workforce mainly in R&D and SG&A.  That will leave the company with 270 employees.
Click here for full Exar Press Release.

About Exar

Exar Corporation designs, develops and markets high performance analog mixed-signal integrated circuits and advanced sub-system solutions for data communication, networking, storage, consumer and industrial applications. Exar’s product portfolio includes power management and connectivity components, communications products, network security and storage optimization solutions. Exar has locations worldwide providing real-time customer support to drive rapid product development.

 

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