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Politics : Formerly About Applied Materials
AMAT 307.20+2.0%3:59 PM EST
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To: Gottfried who wrote (19079)4/29/1998 1:40:00 PM
From: Xpiderman  Read Replies (2) of 70976
 
GM, I can confirm the story that AMAT is cutting working hours and "force" its employee to use their vacation time on some Fridays. I think this is the first step to reduce cost while not lay-off people. If the industry downturn continues, a much tougher decision (layoff) has to be made to futher reduce the operation cost.
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