News Burst: Syquest lays off 950 Summary: Syquest Technology said it will restructure the company, laying off 950 people, 43 percent of its work force, and ending manufacturing in Fremont, California. By ZDNet | August 10, 1998 -- 05:00 GMT (22:00 PDT) The storage maker also said that revenues for the quarter ended June 30 would be smaller than they were in the previous quarter, and operating losses would be larger. Topic: Tech Industry Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.