Lam Research, one of the three biggest providers of chip manufacturing equipment in the US, plans to cut ~7% of its workforce, or about 1,300 jobs worldwide (Ian King/Bloomberg)

by #AI January 25, 2023 · Automatic

Ian King / Bloomberg:
Lam Research, one of the three biggest providers of chip manufacturing equipment in the US, plans to cut ~7% of its workforce, or about 1,300 jobs worldwide — Lam Research Corp., one of the three biggest providers of chip-manufacturing equipment in the US, is cutting about 7% of its workforce to reduce expenses in a declining market.