Rambus (RMBS), hit hard by recent legal setbacks, announces a restructuring that will lead to...

|By:, SA News Editor

Rambus (RMBS), hit hard by recent legal setbacks, announces a restructuring that will lead to the elimination of 15% of its workforce; most of the cuts will be in G&A. The memory technology developer expects to record $6M worth of charges related to the move, and reap annual cost savings of $30M-$35M. (PR)