Micron says it's cut 'less than 10 percent' of Idaho workforce

Micron says it's cut 'less than 10 percent' of Idaho workforce
BOISE, Idaho (AP) _ Micron Technology, a Boise-based computer memory maker, says it's cut less than 10 percent of its 11,000-person workforce in Idaho, though it indicated more cuts are possible as the company attempts to recover from losses fed by falling prices for its products.

Chief Executive Officer Steve Appleton says, ''We have completed many of these workforce reductions, which account for less than 10 percent of our workforce in the Treasure Valley.''

Company officials declined to say just how many of Micron's 23,000 total workers in locations including Singapore and Utah were affected by the cuts.

It announced the layoffs June 28th.

Micron was hit by a global supply glut on products including Dynamic Random Access Memory chips for personal and NAND flash memory, forcing prices to dive and leading to the company's second loss in as many quarters.

Boise-based Micron said it opted to release the details of the local layoffs only, to help ease uncertainty for employees, their families and the community that's home to the company's headquarters.

The company last laid off workers en masse in 2003, when it slashed about 10 percent of its total workforce.

Appleton says Micron is paying severance packages, but didn't describe them.

He says, ''We are doing everything we can to help with the transition.''