Anyone know how this affects the entire company? Not sure they are doing the same cost reduction measures in all departments.

Especially in light of what's happening right now.

AIT currently under financial crunch as per internal QTR results. Suddenly started lay off in all area in company. Talented people got lay off from 7th OCT onwards.

Do you know if there were any layoffs at Applied this year, this regarding an article that stated that the company is stable and there is no layoffs. I kind of have a feeling this is not accurate so wanted to see what I can find here. I am not... — read more 

I am surprised that there are no messages here at AIT's site - there are layoffs and there will be even more in the next year, we'll keep moving forward but things will be worse and worse, just my two cents, based on some rumors I heard - I know that... — read more 

Anyone, we hear rumors? Is AIT gonna be cutting staff in 2014?