Oct 202004
 
Authors: James Baetke

Agilent Technologies Inc. announced Monday it will eliminate 100

jobs by the end of the month from its semiconductor manufacturing

line in Fort Collins.

Based in Palo Alto, Calif., Agilent, 4380 Ziegler Road, was spun

off from Hewlett-Packard in 1999 and has since laid off about

12,000 employees worldwide.

Agilent planned to lay the workers off later this year, but

sluggish demand for the production of semiconductors prompted the

quick dismissal of 11 percent of its employees, leaving about 800

employees working in the Fort Collins branch, said Jean Mooney,

spokeswoman for Agilent.

In Colorado, Agilent employs about 2,800 people.

Mooney said employees were not left in the dark and were told in

a timely fashion.

“We always give our employees plenty of time,” Mooney said.

The 100 people laid off will receive a severance package of at

least three months pay and access to outplacement services, Mooney

said.

Agilent reports it made $6.1 billion in net revenue for 2003 and

serves customers in 110 countries in the communications,

electronics, life sciences and chemical analyses fields.

 Posted by at 5:00 pm

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