From Briefing.com: 4:31PM
KLA-Tencor announces global reduction in force by ~15%; to lower expense rate by ~165-170 mln by FY09 (KLAC) 16.81 -0.56 : Co announced that, in response to current market conditions, the company plans to reduce its global workforce by approximately 15 percent by June 30, 2009. This reduction is one of many cost-reduction actions the company is taking in an effort to ...