By Robin Chan

CREATIVE Technology, the home-grown tech firm, has slashed 2,700 jobs, or almost half its total workforce, in the last fiscal year as falling demand for its products continues to hit its bottom line.

Jobs cuts were made across the board, but the bulk was in manufacturing, due to the sale of its Malaysian plant in July 2007.

The Straits Times estimates that up to 2,200 jobs have been eliminated as a result of that closure.

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