Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 9:30 AM EST

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To: Paul V. who wrote (19257)	5/11/1998 12:59:00 PM
From: jtechkid	Read Replies (1) of 70976

REPORT--alex brown-stated that amat denies the accuracy of the report about the layoffs. ----this is what alex heard--11 mandatory shutdown days throughout 1998, shutdown every second friday in the near term,,, reduction of temporary and contract staff,,, aggressive cuts in discretionary spending,, amat said that are not cutting permanent staff. take everything with a caution-only thing i see is this is a serious downtown. how bad is the question?

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