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Applied Materials to cut 1,800 jobs

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posted on Nov, 17 2008 @ 08:11 AM
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AMAT said Wednesday it would cut about 1,800 jobs, or 12% of its workforce, by the end of its 2009 fiscal year as part of a plan to reduce expenses by $400 million annually


More jobs lost. I work with some guys from AMAT. This is a scary time right now. I am sure a lot of people are getting very worried about their job.



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