HardOCP News
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- Dec 31, 1969
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Atari has announced a restructuring plan that will cut its total workforce by nearly 20%. The companys administration staff will be hit the hardest, losing almost 26% of its staff.
The company hopes the plan, of which all employees were notified by April 30, 2007 following its approval by Atari's board of directors on April 10, will be completed on or before July 31, 2007. As a result of the action, Atari anticipates a restructuring charge of between $0.8 to $1.1 million during the 2008 fiscal year.