These were very hard times and we were losing a lot of money. We had to lay off thousands of employees. We had no immediate use for the silicon fabrication plant where memories were made and had to shut it down. We also shut down assembly plants and testing plants that were involved with the production of memories. These also happened to be our oldest factories, situated in odd locations and too small for our business at this point anyway, so shutting them down gave us the opportunity to modernize our factory network. But that didn’t make it any less painful.
