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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Search Search: Creative Tech cut workforce by half in 2008-report Reuters - Saturday, January 3 SINGAPORE, Jan 3 - Singapore's Creative Technology <CREA.SI>, which makes digital music players, has cut its workforce by 2,700, or almost half, after the firm sold its manufacturing unit in Malaysia, a newspaper reported on Saturday. The jobs were axed in the 12 months ending June 30 last year and were reported in an annual filing on Dec. 31, the Business Times said. Creative Technology has been struggling for years to wrest market share from Apple Inc's <AAPL.O> more popular iPod. According to Reuters data, Creative Technology reported a net loss of $32.2 million in the three months ending September 30 last year. Email Story IM Story Printable View Blog This Recommend this article Average (2 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Asia Pacific Thai officials struggle to identify fire victimsAP - 26 minutes ago Thousands displaced by floods in Philippines: officialsAFP - 30 minutes ago Sri Lanka army pushes farther into rebel territoryAP - 45 minutes ago Thai New Year road deaths toll hits 278: ministryAFP - 1 hour 20 minutes ago Five die in China chemical plant explosion: state mediaAFP - 2 hours 2 minutes ago Most Popular – Asia Pacific Viewed Rare Bugatti untouched for 50 years could fetch millions: report World's oldest person dies at the age of 115 Paulson blames global imbalances for credit crisis: report Vogue editor biggest fashion flop of 08: Time Sri Lankan troops capture Tamil rebel capital View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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