Posts Tagged ‘Agilent’

Electronic testing gear maker Agilent Technologies Inc (A.N) reported a lower-than-expected quarterly profit with revenue from its semiconductor business showing the sharpest fall, and announced plans to cut 600 jobs.

Chief Executive Bill Sullivan said on Tuesday the global downturn is likely to be the most severe in 70 years, making it difficult to give an outlook for the current quarter. (Reuters)

Agilent Technologies will lay off much of its remaining workforce in the Spokane suburb of Liberty Lake next year.

The company said 120 to 150 of its 220 workers will lose their jobs as the California-based company tries to stay competitive. Many of those jobs pay from $65,000 to more than $80,000. About 20 other Liberty Lake workers will be asked to move to a plant in Santa Rosa, Calif. (Seattle PI)