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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Sam Citron who wrote (44094)3/20/2001 6:42:47 PM
From: advocatedevil  Respond to of 70976
 
"Teradyne Announces Business Sizing Actions

biz.yahoo.com

It was less than two weeks ago that Teradyne announced cutting 1400 temp employees. Now they're cutting again:

"Semiconductor test equipment maker Teradyne Inc. (NYSE:TER - news) said on Tuesday it will lay off 650 employees in the face of declining demand for its customers' end products and a soft economy. The company, which employed more than 10,000 people at the end of 2000, said in order to cut expenses it will also institute furloughs, salary delays for all employees and a salary cut for senior employees."

"Teradyne says it will lay off 650, delay employee salaries"

biz.yahoo.com

AdvocateDevil