Key Technology Announces Cost Reduction Initiatives
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Key Technology (KTEC) to Cut 8% of Global Workforce
June 26, 2014 4:24 PM UTCKey Technology (NASDAQ: KTEC) announced that it is taking cost reduction initiatives during the third quarter of its fiscal 2014 that include a planned reduction of approximately 8% of its global workforce. Company earnings for the third quarter of fiscal 2014 will be adversely affected by an estimated... More
