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Simpletech Inc

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BUSINESS
August 1, 2001
* MTI Technology Corp., an Anaheim provider of data storage products, said Tuesday it has eliminated more jobs, reduced management salaries and taken other cost-cutting measures as its losses widened in the first quarter. The company did not disclose how many jobs were eliminated in the latest round, but said it has cut more than 150 positions this year. MTI's payroll totaled about 550 employees in May.
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BUSINESS
August 1, 2001
* MTI Technology Corp., an Anaheim provider of data storage products, said Tuesday it has eliminated more jobs, reduced management salaries and taken other cost-cutting measures as its losses widened in the first quarter. The company did not disclose how many jobs were eliminated in the latest round, but said it has cut more than 150 positions this year. MTI's payroll totaled about 550 employees in May.
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