Want CNET to notify you of price drops and the latest stories?
No, thank you Accept
X
WWDC: Everything We ExpectRemote Working in ParadiseBest Mineral SunscreensBest Solar CompaniesCNET CouponsMeal Subscription vs. TakeoutBest Satellite Internet ProvidersCurrent Mortgage Rates

Short: Genus to cut 11 percent of workforce

Genus of Sunnyvale, California, said it plans to cut 39 workers, or 11 percent of its workforce. It expects to take a charge of $3 million to $4 million, or 18 to 24 cents a share, during the third quarter to cover severance costs and other related charges. Genus makes equipment used in semiconductors.

CNET News staff
true
Genus of Sunnyvale, California, said it plans to cut 39 workers, or 11 percent of its workforce. It expects to take a charge of $3 million to $4 million, or 18 to 24 cents a share, during the third quarter to cover severance costs and other related charges. Genus makes equipment used in semiconductors.