Applied Materials announces workforce reduction plan impacting 4 percent of staff

Investing.comThursday, October 23, 2025 at 8:35:45 PM
Applied Materials has announced a workforce reduction plan that will affect 4 percent of its staff. This decision comes as the company aims to streamline operations and adapt to changing market conditions. While such measures are often necessary for long-term sustainability, they can have significant impacts on employees and their families, raising concerns about job security in the tech industry.
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