From statesman, January 7, 2009...
Two more Austin employers said Tuesday that they will be cutting jobs.
HelioVolt Corp. said it had made a "modest" reduction in its work force, and Borland Software Corp. said it will cut 130 jobs, or 5 percent of its force, as part of a reorganization plan that is expected to yield annualized savings of $12 million to $14 million.
HelioVolt said it made the cuts because of a weak economy and because the company is shifting away from pure research and toward becoming a manufacturer of solar power products.
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