Sandisk set for massive flash pricing cut

The cuts will touch whole product line-up, and it will be interesting to see how the market will react once these fast-performing products arrive in the price range of much slower devices - this especially goes for USB flash drive, where no-names often work at 10-20 per cent of overall speed achieved with SanDisk/Corsair/OCZ sticks. Yup, up to a 90 per cent performance difference.

But it seems that in order to do these cuts, Sandisk will have to cut 250 jobs and introduce a hiring and salary freeze. And this is not all. The company has slashed the wages of its managment layer, by around 10 per cent for vice-president position, 15 per cent for executive vice-presidents, and a massive 20per cent for the CEO.

One thing is certain: flash is a volatile place to be. µ