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SiPort Shooting: No Layoffs, Killer Was Fired
The reports of layoffs at SiPort, a Santa Clara, Calif.-based company that prompted killing of three executives are wrong, according to a statement issued by the company. Looks like me, everyone assumed that there were layoffs and that led to the shooting. Last week Silicon Valley was shocked by the shooting of three SiPort executive by alleged killer, Jing Hua Wu who is currently under arrest by the Santa Clara Police Department. Wu was terminated individually and not as part of a general layoff.
A spokesperson for one of SiPort’s investors Morgenthaler Ventures wrote to me in an email: “SiPort has never had a general layoff at the company and in fact, the company added to its staff in 2008. SiPort started shipping their HD Radio chips earlier this year and the customers seem to really like it. We were not laying people off.” The shooting killed CEO Sid Agrawal, Brian Pugh, vice president of operations and Marilyn Lewis, who was the HR manager. SiPort Founder Aiman Kabakibo has taken over as the CEO.
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