Fabtech - Recruitment News

Rudolph Technologies appoints new Vice President and General Manager

Fri, 22 Oct 2010 16:22:19 GMT

After a two-year term at solar equipment supplier Spire, Dr. Avishai Kepten has returned to the semiconductor equipment sector as Vice President and General Manager of Rudolph Technologies, Metrology Business Unit. Dr. Kepten had previously spent six years at Novellus Systems, as Director of Technology and Director of New Product Development of the Electrofill Business Unit.

Facility Manager’s Development Program ‘09 begins in September

Wed, 22 Jul 2009 08:22:22 GMT

Arizona State University's (ASU) developed training program for professionals has announced details for the 2009 ‘Facility Manager's Development Program' (FMDP), due to start in September this year.

Axcelis cuts one-fifth of global workforce

Fri, 22 May 2009 15:21:28 GMT

Further to its approximately 14% cut in staff numbers in October 2008 – only seven months ago, Axcelis Technologies, Inc. has again announced that it is letting staff go in a further attempt at cutting operating costs to stay competitive. Approximately 235 staff, or 20% of its global workforce will be axed from the company’s books, yielding an estimated $25 million in savings per annum.

Xilinx looks to restructuring

Thu, 16 Apr 2009 12:44:49 GMT

Xilinx, Inc. has announced plans to restructure the company, including getting rid of 6% of its workforce, or 200 employees, which would have a pre-tax charge of US$11-US$13 million for the June quarter, mostly dealing with severance pay expenses.

Qimonda Portuguese subsidiary cuts 1,000

Thu, 16 Apr 2009 10:41:18 GMT

Qimonda AG has announced it will be cutting 1,000 employees from its Portuguese unit, while also suspending the contracts of the 800 remaining workers for the next six months. This unit had stopped production last month, since parts from Dresden’s Qimonda factory failed to ship.

MEMC cuts a further 200 jobs

Wed, 15 Apr 2009 15:46:22 GMT

In a U.S. Securities and Exchange Commission filing, MEMC Electronic Materials is to reduce its headcount at its Korean subsidiary by 200 adding to recent cuts at its manufacturing plants in the U.S. that brings the total job losses to approximately 400.

200 expected to be laid off by MEMC Korean subsidiary

Wed, 15 Apr 2009 14:25:46 GMT

MEMC Electronic Materials Inc. announced its Korean subsidiary would experience another 200 job cuts. By the end of 2Q, job cuts will take place at MEMC Korea Co., according to the U.S. Securities and Exchange Commission in a report by the St. Louis Business Journal.

MKS Instruments lowers headcount further as sales slump worsens

Mon, 06 Apr 2009 18:44:32 GMT

MKS Instruments has made a further downward revision to its first quarter earnings and announced a further round of job losses, first announced in December, 2008, which equated to a workforce reduction of approximately 10% or 292 positions. The combined December and March reductions total 23% of its global workforce or approximately 600 jobs.

Soitec cuts worforce

Fri, 03 Apr 2009 10:47:51 GMT

Silicon-on-Insultaor (SOI) wafer specialist, Soitec said it would be reducing its total headcount by less than 10% as of March 31, 2009 in-light of continued weak market demand. The wafer producer has approximately 1,000 employees at the end of 2008. The headcount reduction could be higher with plans now in place to encourage voluntary redundancies and other headcount reduction incentives.

Vitesse cuts workforce by 12%

Wed, 01 Apr 2009 10:48:41 GMT

Vitesse Semiconductor Corporation has followed the lead of several companies in the semiconductor industry and announced cost-cutting measures. The company plans to reduce its global workforce by 12%, with any related charges incurred being accounted for in the second fiscal quarter of 2009.

US High-Tech Industry adds 77,000 Jobs in 2008

Tue, 31 Mar 2009 11:15:42 GMT

TechAmerica, the result of the merging of AeA and the Information Technology Association of America (ITAA), has released its 12th annual Cyberstates report, which includes a first-ever supplement giving a breakdown of 3Q08 and 4Q08 in tech employment. The high-tech industry added 77,000 nets jobs for 2008, bringing a total of 382,900 jobs over the last four years and 5.9 million workers worldwide.

Agilent Technologies cutting 2,700 employees to renovate Electronic Measurement businesses

Fri, 27 Mar 2009 14:39:59 GMT

Agilent Technologies, Inc. announced it would renovate its Electronic Measurement businesses in response to the current economic crisis. While the company expects 2009 numbers to be down 30% from the previous year, Agilent is also preparing for the lowest level in the company’s 10-year history, with revenue in the Semiconductor & Board Test Segment calculated to be down 50% since 2008 and 65% off from its peak volume.

Ramtron cuts 17% of workforce and employee wages

Wed, 18 Mar 2009 12:56:17 GMT

Colorado-based FRAM supplier Ramtron International Corporation has joined the fray of semiconductor companies cutting jobs and reducing salaries in an attempt to reduce costs and remain competitive in the ailing market. The company plans to lay off 17% of its workforce and reduce the salaries of the remaining 102 staff by between 5 and 12%, thereby reducing its 2009 expenses by approximately $5.1 million.

Cymer cuts 130 more employees

Fri, 13 Mar 2009 11:18:57 GMT

Cymer, a company that manufactures complex lasers used in semiconductor production, plans to eliminate 130 more workers globally, making this its third major layoff since November of 2008. The company, which has already dropped 38% of its workers, will cut about 120 of the workers from its San Diego headquarters.

Advanced Energy reduces workforce, salaries and spending

Fri, 13 Mar 2009 11:16:32 GMT

Advanced Energy Industries, Inc. has announced it is reducing its global workforce by 330 people (22%) and reducing management and executive officer salaries by an additional 5%, totaling 15% overall beginning in April.

National Semiconductor announces 3Q09 results and over 1,700 job losses

Thu, 12 Mar 2009 12:09:27 GMT

National Semiconductor Corp. announced sales of US$292 million for fiscal 3Q09, down 31% from 2Q09 and down 36% from 3Q08, which grossed US$453 million. This quarter’s earnings per diluted share also decreased from 3Q08, going from 29 cents to 9 cents in 3Q09, or a net income of US$21.1 million.

Advantest Corp. cutting jobs

Fri, 27 Feb 2009 15:11:51 GMT

Due to global financial problems, Advantest Corp. is expecting to lose at least 21% of its job force. The Japan-based company that is responsible for electronic measuring equipment and semiconductor test systems is also expecting loss of ¥78 billion, or US$805.7 million.

Camtek reduces workforce by 14%

Wed, 18 Feb 2009 19:48:12 GMT

New cost cutting measures have been announced by Camtek that include the loss of an additional 68 employees or approximately 14% of its global workforce. The optical inspection specialist noted the continuing slowdown in its markets as the reason to implement the latest cost reductions.

Chartered Semiconductor’s workforce reduction reaches 1,300

Fri, 30 Jan 2009 15:47:11 GMT

Chartered Semiconductor is to further reduce its workforce as the Singapore based foundry struggles to control losses as fab utilization rates fall rapidly. The foundry said it would axe 600 workers, bringing the total headcount reduction first instigated in the third quarter of 2008, to 1,300 or approximately 18 percent of the total workforce.

20,000 jobs to go at NEC Corp

Fri, 30 Jan 2009 14:29:45 GMT

Following losses in the fourth quarter of 2008 of approximately US$1.5 billion, NEC Corp is to reduce its global workforce by 20,000 or approximately 7% of its total headcount. Approximately 10,000 temporary and contract workers will lose their jobs in the cost cutting exercise. The other 10,000 job losses come from NEC’s 150,000 permanent workforce.