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Lambda Research Optics, Inc. - DFO

Agilent Streamlines Unit, Cuts 650 Jobs

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PALO ALTO, Calif., Aug. 15 -- Due to poor financial performance Agilent Technologies Inc. will cut 450 jobs at its health care unit, and 200 contract employees will also be let go. The company will also speed up a previously announced program aimed at improving efficiency by transferring final assembly manufacturing operations from Massachusetts to Agilent's production facility in Singapore. The company will also transfer operations to Singapore from China and Germany. The business's current financial performance is clearly unacceptable, and we don't intend to wait for market conditions to...Read full article

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    Published: August 2000
    industrialNews & Features

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