SiliconBeat

Rambus, the Los Altos chip designer, said it will eliminate 90 jobs between now and the end of the year, leaving it with a workforce of about 340 employees, according to a regulatory filing Thursday.

“This is a difficult but appropriate adjustment that will position us to succeed in our strategic objectives,” said Harold Hughes, president and chief executive officer at Rambus. “These steps will enable us to enhance our investments in breakthrough technology and strengthen our efforts to protect and be fully compensated for our patented inventions. We remain dedicated to the product commitments that we have made to our customers including the continued support of our leadership XDR memory architecture.”

Rambus said it would take about $4 million in related charges over the next to quarters. The company projects cash savings from the move of about $17 million a year.

Rambus, which licenses its chip designs and is involved in patent litigation with three of the five biggest makers of computer memory, said last month that its legal bills this quarter could reach $16 million.