Marvel (MRVL) rumored to be firing staff

Written by: Zack Miller | November 22, 2007

Globes reports today that Marvel Technology Group (Nasdaq: MRVL) is set to embark on a restructuring plan that would include paring back Israeli staff, numbered at 1200, by about 150-200 employees.

Legendary hedge fund investor, George Soros, recently added to his position in the chip maker.

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