Thursday Mar 11

Posts Tagged ‘Advantest’

Feb
27/09
Advantest to cut 3,400 jobs amid losses
Last Updated on Friday, 27 February 2009 02:57
Written by admin
Friday, February 27th, 2009

The other shoe has dropped at Japanese ATE giant Advantest Corp.

Amid huge losses, Advantest (Tokyo) plans to cut 3,400 jobs, or 26 percent of its headcount, by its fiscal year 2008, which ends March 31. The cuts will include layoffs and a voluntary retirement program. (EE Times)

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