Microvision Cuts 14 Jobs

BOTHELL, Wash., July 16 --Microvision Inc. said it has reduced its staff of 179 by 14 as part of overall cost-cutting efforts it hopes will save the company $10 to $12 million in the next 18 months.

Microvision said its major product initiatives in both display and bar code scanning systems continue to be well funded. Work on the next generation of the Nomad Personal Display for a US military customer is currently partially funded from existing contracts, and other contracts may be forthcoming, the company said.