Item 2.05. Costs Associated with Exit or Disposal Activities
On January 16, 2009, Vicor Corporation (the "Company") filed a Current Report on
Form 8-K to report a plan of the Company to reduce its workforce by
approximately six percent by the end of January 2009. The Company is filing this
Form 8-K/A to amend the January 16, 2009 Form 8-K to update the information
reported therein.
The workforce reduction has been substantially completed. The Company expects
that it will incur a range of approximately $3.0 - $3.2 million in pre-tax
charges in the first quarter of 2009 in connection with the workforce reduction,
arising primarily out of severance and other employee-related costs that will
involve cash payments made during 2009 based on each employee's respective
length of service with the Company.