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On the same day an Austin high-tech company announced layoffs it also boosted the pay of its executives.
According to an SEC filing, Spansion's board of directors agreed to reinstate full salaries for all executive officers. Since October they had been making 10 percent less.
The chip maker announced it was cutting 35 percent of its workforce Monday -- 1,200 people worked in the Austin facility.
Those who were cut say they were not offered a severance.