The solid state storage industry has been in a well-documented slide for the better part of the last year now. With storage product demand from both the client and datacenter businesses down well off of its highs in a notoriously cyclical business, we've already seen the big three memory manufacturers – SK hynix, Samsung, and Micron – significantly cut back on NAND production. And now the repercussions of this downturn are starting to spread to the SSD makers themselves, with Solidigm confirming that they have laid off employees due to the industry downturn.
Responding to an information request from AnandTech, Solidigm, Intel's former SSD business unit that is now controlled by SK hynix, confirmed that the company has recently engaged in layoffs. Terming it a 'modest' reduction in headcount, the company disclosed that it 'executed a modest workforce reduction' on Wednesday, but declined to provide further details.
