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Implement voluntary retirement program, other workforce reduction actions
October 4, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Applied Materials, Inc. announced a plan to realign its global workforce and enhance its ability to invest for growth. Applied will implement a voluntary retirement program and other workforce reduction actions that are expected to affect approximately 900 to 1,300 positions, or 6% to 9% of its global workforce. “Achieving our strategic objectives requires us to deploy our talent in the best way possible,” said Mike Splinter, chairman and CEO. “We are taking action to reali...
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