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

To: Sam Citron who wrote (57278)12/12/2001 4:42:33 PM
From: Sam Citron  Respond to of 70976
 
OK, OK. I promise never again to ask the source of a rumor as long as you as you pass it on in a timely fashion.<g>



To: Sam Citron who wrote (57278)12/12/2001 4:53:39 PM
From: advocatedevil  Read Replies (1) | Respond to of 70976
 
Sam, The rumor was widespread. B of A picked up on it and even mentioned it in a recent report posted by TI2 on Saturday: "...speculation was of impending layoffs everywhere - B of A believes AMAT could cut another 1,500-2,000 employees next week, NVLS could have another 10-15% headcount reduction in Jan, cuts at LCRX could be deep as mgmt is moving towards an out-sourcing manufacturing strategy..."

Message 16764118

AdvocateDevil


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