July 6, 1984: Jack Tramiel Fired Atari Staff

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Jack Tramiel
Jack Tramiel

In a very bold move, Jack Tramiel laid off the majority of his staff outside of engineering. This comes in 1984, 3 days after Tramiel buys Atari for $240 million in 10 and 12 year notes.

The employees note that it wasn’t a Hard layoff. One employee stated that no one cared if they looted the building, so they did.

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