Cymer Lays Off 100, Makes Across The Board Pay Cuts
socalTECH
JANUARY 16, 2009
San Diego-based Cymer, a developer of light sources used for semiconductor manufacturing, said late Thursday that the firm has laid off 100 people, or 10 percent of its personnel. The firm said that the move was because business conditions in the firm's industry have "further deteriorated" and demand has dropped for its products.
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