- KLA-Tencor (NASDAQ:KLAC) is planning to cut about 10% of its workforce by the end of the first quarter as part of a realignment that includes scaling back its investment in extreme ultraviolet lithography.
- The announcement comes after the company reported lower profits but better-than-expected results for the third quarter.
- FQ3 results
- KLAC +0.3% premarket.
KLA-Tencor to slash 10% of workforce
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