National Semiconductor Reduces Work Force By 170

August 20, 1996 -- National Semiconductor Corporation today announced it is reducing its work force by 170 people, primarily at its Santa Clara headquarters. National announced in June it would take a restructuring charge in the current quarter, partly to cover the costs of work-force reductions.

"These reductions are in line with several ongoing activities to reduce costs," said Dick Wilson, vice president of human resources. Wilson also attributed a portion of the current reduction to centralization of manufacturing and consolidation of other activities, which had also been announced in June.

The work-force reductions in Santa Clara are mainly in general, administrative and manufacturing support areas. "Today's action will strengthen our competitive position," said Wilson,"as we move in the direction of providing highly integrated, leading edge systems for information highway products, exploiting our analog and mixed-signal expertise."

Employees affected by the reduction are being paid for 60 days and provided with outplacement services and severance packages (including benefits coverage) based on company service.