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AS&E cuts workforce by 10%

2014-10-01 03:19:47| Electronics - Topix.net

American Science and Engineering Inc. said it has reduced its workforce by 10 percent after determining it would post a net loss for the quarter that ended Tuesday. In a press release, AS&E officials said the job cuts, as well as "additional targeted cost reductions to further reduce operating expenses," are being made due to "continued global volatility impacting its markets."

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Category:Electronics and Electrical

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