SanDisk has laid off dozens out of its 700-strong workforce at its Kfar Sava development center. Claims that this is to do with an impending ESPP program are seen as unlikely. The share price of memory chip manufacturer SanDisk Corporation (Nasdaq: SNDK) is one of the sensations of the past year. Together with the stocks of other memory giants such as Micron and SK hynix, SanDisk has soared, rising by 3,400% within a year.... [6668 chars]
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