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.