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Short: Tencor cuts work force by 15 percent

Tencor, a semiconductor company, announced it has reduced its work force by nearly 15 percent, affecting about 220 workers, about 130 regular employees. Those affected by the reduction will receive extended benefits based on their length of time with the company, as well as placement assistance, as reported by the Los Angeles Times.

Tencor, a semiconductor company, announced it has reduced its work force by nearly 15 percent, affecting about 220 workers, about 130 regular employees. Those affected by the reduction will receive extended benefits based on their length of time with the company, as well as placement assistance, as reported by the Los Angeles Times.