Some of Silicon Valley’s biggest companies are responding to the economic downturn with office and factory closures and enforced holidays over the Christmas period. Usually limited to traditional manufacturing industries such as the ailing carmakers, the year-end shut-down is this year sweeping through the office suites and R&D labs of information-age companies. Hewlett-Packard, Cisco Systems, Advanced Micro Devices, Texas Instruments, Dell, Adobe and CSC are among the tech industry heavyweights to be taking a break, with some closed from Dec 22 to Jan 5.

This entry was posted by Gwen Robinson on Monday, December 22nd, 2008 at 5:11 and is filed under Capital markets, People. Edit this entry.