Business

Around the Region

Tech firm to lay off 55 in Gloucester

Applied Materials Inc. will eliminate 55 jobs at its Gloucester facility this month, according to documents filed with the Massachusetts Executive Office of Labor and Workforce Development. The company, based in Santa Clara, Calif., is a major producer of equipment used to manufacture semiconductors, such as microprocessors and memory chips.

In an e-mail, an Applied Materials spokeswoman said that the layoffs are due to “synergies related to leveraging Applied’s global supply chain and reducing administrative and public company costs.”

Advertisement

In May 2011, Applied Materials agreed to pay $4.9 billion to acquire Varian Semiconductor Equipment Associates, a Gloucester maker of machines that implant chemical ions in silicon wafers.

Hiawatha Bray

Hiawatha Bray can be reached at bray@globe.com.
Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com