Applied Materials AMATRestructuring
Applied Materials approves a workforce reduction of about four percent
Filed Oct 23, 2025Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On October 23, 2025 it approved a plan affecting approximately four percent of its global workforce.
- It expects charges of about $160 million to $180 million, mostly cash severance and other termination benefits.
- Most charges are expected in fiscal Q4 2025, with the plan completed in fiscal Q1 2026.
- CEO Gary Dickerson emailed employees about the plan the same day.
Items reported
- 2.05 Restructuring costs
- 7.01 Investor presentation
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.