Online information source for semiconductor professionals

Avago Technologies cuts 400 jobs mainly from Asian workforce

25 September 2007 | By Mark Osborne | Recruitment News

Popular articles

New Product: Applied Materials new EUV reticle etch system provides nanometer-level accuracy - 19 September 2011

Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008

‚??Velocity‚?? the new buzzword in Intel‚??s PQS annual awards - 12 April 2012

Applied Materials adds Jim Rogers to Board of Directors - 29 April 2008

New Product: ASML Brion‚??s Tachyon MB-SRAF enables OPC-like compute times - 19 September 2011

Avago Technologies, a private equity-owned analog semiconductor manufacturer, has said that approximately 400 jobs would be lost primarily in Asia. The cuts have come about as the company continues to adopt its manufacturing outsourcing program or asset-lite initiative. 

The company expects to record a cash charge between $5 million and $7 million during its fourth fiscal quarter, ending October 31, 2007. Avago had 6,500 employees at the company in 2006. The company provided no further details regarding the particular job functions and locations that would be affected by the cuts.

Related articles

Avago Technologies cuts workforce by 6% - 12 January 2009

Applied Materials cuts 1,000 jobs - 15 January 2008

Semitool cuts workforce due to delays and order push-outs - 25 April 2007

Tool Order: Avago to use Rudolph‚??s NSX inspection systems for optoelectronic devices - 04 February 2011

Nova to cut jobs by 6% - 03 April 2008

Reader comments

No comments yet!

Post your comment

Please enter the word you see in the image below: