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Aug 16, 2007 at 01:00 PM |
Aviza Technology has said that due to a drop in expected revenues in the next few quarters as chip manufacturers go through a tool digestion period, it has decided to further reduce Company's cost structure, including staff reductions.
"These actions will not compromise our strategic initiatives and will improve the Company's long-term performance," stated Jerry Cutini, Aviza's President and CEO.
The job cuts are not expected to be significant, according to sources.
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