COLORADO SPRINGS, Colo.—Atmel Corp. has laid off 140 permanent employees in Colorado Springs in its latest round of cuts due to weak economic conditions.
Nineteen-year Amtel programmer Barry Pettis tells The Gazette the layoffs affected hourly workers as well as salaried managers ( ). The company, based in San Jose, Calif., makes touchscreen microcontrollers.
Atmel’s investor relations director, Peter Schuman, says the cuts Tuesday and the layoffs of 60 temporary workers in mid-December came because the company’s Colorado Springs plant has been operating at about 70 percent capacity for more than a year.
The plant now has about 1,100 employees.
About a year ago, the Colorado Springs City Council approved retroactive tax breaks that cut the company’s tax bill by $339,070 on $25 million in capital spending planned by 2015.
———
Information from: The Gazette,
![[prison 19] Caption: This is Cellhouse 1, Pod A, from ground level inside the Sterling Correctional Facility which is located outside of Sterling, Colorado Thursday afternoon. Photographer: LEW SHERMAN Title: FREELANCE Credit: SPECIAL TO THE POST City: Sterling State: CO Country: USA Date: 19990617 ObjectName: prison 19 Keyword: PUBDATE____1999_06_22](/wp-content/uploads/2016/04/20151207__denverpostp1.jpg?w=538 "20151207__denverpost~p1.jpg")
