Manufacture of electrical equipment
27 - Manufacture of electrical equipment
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Applied Materials is a supplier of semiconductor fabrication solutions worldwide.
The realignment plan (17/03/2003) includes the elimination of approximately 2,000 positions or 14 percent of the Company's global work force. Approximately 1,400 positions in Applied Materials' North America operations will be affected and the majority of notifications will occur at the end of the second fiscal quarter. The remaining 600 positions will be eliminated at other locations worldwide by the end of the Company's fourth fiscal quarter of 2003.