Form 8-K QLOGIC CORP For: Sep 22

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Go back to Form 8-K QLOGIC CORP For: Sep 22

QLogic Corp (QLGC) Approves Restructuring, Workforce Reduction

September 25, 2015 4:35 PM EDT

On September 22, 2015, QLogic Corp (NASDAQ: QLGC) approved a restructuring plan designed to further align the Companys future operating expenses with its current revenue expectations. The restructuring plan includes a workforce reduction and the consolidation and elimination of certain engineering activities. The Company anticipates... More