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Spansion restores executive pay as it lays off 3,000(2)

spansion-logo1In one of the most breath-taking pieces of pretzel logic we’ve ever seen, Spansion’s board of directors last week restored the 10 percent cut in pay given to its executive officers last October on the very same day it let go 3,000 employees.

The effective pay raises were characterized as Read the rest of this entry »

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