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Symbolics Lays Off 40 Workers in Chatsworth

January 20, 1987

Symbolics said about 40 workers have been laid off at its Chatsworth manufacturing facilities as part of companywide cost cutting.

The Cambridge, Mass.-based company, which makes computers used in artificial-intelligence programming, was booming last year, but recently has suffered from weak orders for its products.

The company said it would report a loss of something under $5 million for the second quarter ended Dec. 28, contrasted with a profit of $1.4 million a year earlier.

The 40 workers in Chatsworth are among 160 laid off throughout the company. Symbolics now employs about 250 workers there.

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