SiliconBeat

Smart Modular, the maker of chips used for data storage systems, said today it will lay off yet more employees in order to lower its “cost structure to combat the continued challenging macroeconomic conditions,” according to a regulatory filing.

The job cuts are the third the company has announced over the last seven months. In September the company said it had let go of 19 percent of its staff before the end of its 2008 fiscal year in August, when it reported having 1,466 workers.  In January it said it planned to let go between 5-7 percent more of its staff.

The majority of the current workers will be let go at the company’s Puerto Rico operations, and are estimated to cost between $800,000 and $1.2 million. It spent $1.9 million on restructuring activities in 2008.