Nick Turner / Bloomberg:

Filing: Applied Materials plans to cut ~4% of its global workforce and expects the layoffs to cost $160M to $180M; it had 36,100 employees as of the end of July  —  Applied Materials Inc., the largest US producer of chipmaking equipment, plans to cut 4% of its global workforce as it copes with a sales slowdown and trade turmoil.

Nick Turner / Bloomberg:

Filing: Applied Materials plans to cut ~4% of its global workforce and expects the layoffs to cost $160M to $180M; it had 36,100 employees as of the end of July  —  Applied Materials Inc., the largest US producer of chipmaking equipment, plans to cut 4% of its global workforce as it copes with a sales slowdown and trade turmoil.

Source: TechMeme
Source Link: http://www.techmeme.com/251023/p49#a251023p49