SiliconBeat

Among the “aggresive” actions announced by Spansion last October, when it reported a two percent drop in sales through the first three quarters of 2008 compared to the same period the year before, along with a 50 percent increase in the size of its net loss, were unspecified “salary reductions.”

Pay reductions for the company’s chief executive and other top officers could be Read the rest of this entry »

Spansion said in a filing Tuesday that two members of its board of directors resigned June 26. The filing gave no reason for the resignations but stated that neither Patti Hart nor David Roberson “resigned because of disagreement with the Company on any matter relating to the Company’s operations, policies or practices.” Read the rest of this entry »