HOPKINTON, Mass. (AP) -- EMC Corp., the world's largest maker of external disk storage devices, said late Wednesday it will lay off 2,400 people to bring down costs despite projecting fourth-quarter results will meet expectations.
PHOENIX (AP) -- ON Semiconductor Corp. said Wednesday it is racheting up cost-cutting measures, including laying off about 1,500 employees and accelerating a series of scheduled factory closures this year. It also lowered its revenue outlook for the fourth quarter.
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