Perkin-Elmer Corp will be taking a pre-tax charge of $90m with its fiscal fourth quarter figures, leading to a net loss of $20.6m after profit of $41m at the nine-month stage: the Norwalk, Connecticut company is abandoning sputtering and etching equipment to concentrate on lithography systems; it is closing several sites and consolidating others, and […]
Perkin-Elmer Corp will be taking a pre-tax charge of $90m with its fiscal fourth quarter figures, leading to a net loss of $20.6m after profit of $41m at the nine-month stage: the Norwalk, Connecticut company is abandoning sputtering and etching equipment to concentrate on lithography systems; it is closing several sites and consolidating others, and writing off the equipment it is abandoning; 660 employees, about 6%, will also go.
