Lam Research has chopped well over 500 Bay Area jobs this year, fresh layoffs that have contributed to a forbidding new milestone for the region’s wobbly tech industry.
LIVERMORE — Lam Research has chopped well over 500 Bay Area jobs this year after disclosing fresh East Bay layoffs that have cut the company’s workforce and produced a grim new milestone for the tech sector.
In its latest revelation of layoffs to state officials, Lam Research reported a plan to eliminate 161 jobs in Alameda County amid a semiconductor sector slowdown.
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