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Spansion controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2009

    Executive compensation and layoffs controversy

    During the period surrounding Spansion’s large-scale layoffs and Chapter 11 filing, reporting questioned a proposed performance-based incentive for chief executive John Kispert and an increase in manager compensation while the company was attempting to reduce costs. A later settlement addressed claims brought on behalf of former employees whose employment ended around the February 2009 layoffs.