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COMLINEAR REDUCES WORKFORCE BY 16

Oct 16, 1996

October 16, 1996 -- Comlinear, National Semiconductor Corporation's Fort Collins subsidiary, today announced it is reducing its workforce by 16 people. Comlinear currently employs 130.

"These reductions are in line with several ongoing activities to reduce costs," said Robert Vinton, general manager for Comlinear products. "Although sales had been affected by the recent softness in the electronics market, we're optimistic that sales will pick up in the first half of 1997," Vinton said. Vinton added that Comlinear products continue to play an important role in National's strategy to be a leading supplier in analog components for information highway products.

The workforce reductions are primarily in manufacturing and related support areas. Employees affected by the reduction are being paid for 60 days and provided with outplacement services and severance packages (including benefits coverage) based on company service.

National Semiconductor acquired Comlinear Corporation in January of 1995. Comlinear, in business since 1980, moved to its Fort Collins location in 1985. National Semiconductor is headquartered in Santa Clara, California and has 20,000 employees worldwide. In fiscal 1996, the company reported sales of $2.6 billion.