Hutchinson Technology Announces Cost Reductions

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Go back to Hutchinson Technology Announces Cost Reductions

Hutchinson Technology, Inc. (HTCH) Plans 100 Job Cuts

May 20, 2014 4:20 PM EDT

Hutchinson Technology, Inc. (Nasdaq: HTCH) announced that it is taking actions to further reduce costs and preserve cash. The company expects to reduce its U.S. workforce by approximately 100 positions by the end of July and estimates that its fiscal 2014 third quarter financial results will... More