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Vitesse slashes work force, faces lawsuit

By   /  Friday, October 7th, 2011  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Vitesse slashes work force, faces lawsuit

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Vitesse slashes workforce, dims sales outlook

By   /  Monday, October 3rd, 2011  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Vitesse slashes workforce, dims sales outlook

Vitesse Semiconductor, the Ventura County chipmaker rocked by a stock-options scandal in 2006, has laid off 10 percent of its workforce and shuttered one of its Camarillo facilities. Vitesse disclosed the pink slips in a regulatory filing Oct. 3. The company said it ended its lease on facilities at 4721 Calle Carga and terminated 10 Read More →

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10-K report: Vitesse looks for profitability

By   /  Friday, August 19th, 2011  /  Banking & Finance, Technology, Tri-County Public Companies  /  Comments Off on 10-K report: Vitesse looks for profitability

In the space of a decade, Vitesse Semiconductor Corp. fell from the throne of a blue-chip stock to a largely unprofitable player in the communications industry.

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