Axcelis axes workforce

September 23, 2003 – Axcelis Technologies, Beverly, MA, has announced plans to trim roughly 200 positions, or 11% of its workforce, in order to cut $18.5 million in costs and lower its breakeven revenue level. As a result, the company will take a 3Q charge of approximately $5 million.


Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.