Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 284.31

+5.8%

Jan 5 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert O who wrote (54180)	10/16/2001 3:22:07 AM
From: advocatedevil	of 70976

ASML cuts more jobs, steps up SVG integration AMSTERDAM, Oct 16 (Reuters) - Dutch semiconductor equipment maker ASML Holding NV (NasdaqNM:ASML - news) said on Tuesday it would cut an additional 1,400 jobs, or 17 percent of its workforce, in the first half of 2002. AMSL has previously said it would cut 600 jobs. The company said in a statement it would also speed up the integration of recently acquired U.S. Silicon Valley Group (SVG), adding that the total restructuring costs would range between 370 million and 430 million euros. ASML Holding said it had taken these measures as a result of the continuing deterioration of the semiconductors industries. ASML is the world's largest maker of scanners and steppers, machines which map out semiconductor circuitry on silicon wafers. Philips Electronics holds a minority stake in ASML. biz.yahoo.com AdvocateDevil

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next