AMIS announces closures, job cuts for Q1

Taylor, Colleen
February 2007
Electronic News;2/5/2007, Vol. 53 Issue 6, p54
Trade Publication
The article reports on the plan of semiconductor manufacturer AMIS Holdings Inc. to implement job cuts and design center closures despite posting positive financial results for the fourth quarter of 2006. The company's restructuring plan includes a workforce reduction of a maximum of 85 employees worldwide and closure of design centers in Israel, the Netherlands and California. It expects to save $10 million when the plan will be fully implemented by the end of the first quarter of 2007.


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