Topics regarding layoffs at Lam Research Corp.

Topics regarding layoffs at Lam Research Corp.

Sr management change needed!

Lam sr management has failed to save jobs and have let the stock values fall, if an employee failed as management has they would be fired!

Per government filing

90 Lam workers were let go in Jun/July 2023 in Tualatin OR. 12 people laid off from one of their suppliers also in Oregon.

Any news of layoffs?

Could there be layoffs in the next few months? Haven’t heard any info but feel like it’s gotta be coming.

Any updates on non-temps being laid off?

I work at one of Lam's suppliers and it is starting to slow down yet again. I know that the semiconductor equipment market is in a really slow downward cycle right now and I was wondering if it will turn around soon or is it still going down?

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| 2141 views | | 1 reply (September 18, 2019)
Post ID: @OP+1044X9vG

More Layoffs

More people were laid off today. Some contractors/temps still around, some full time employees were laid off though.

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| 3671 views | | 7 replies (last March 25, 2019)
Post ID: @OP+Ybkh2UQ

Lam's stock keeps dropping

The investment community has read the technical financials on Lam Research and decided that this is a "sell". Lam is just not making enough money on their sales. This has been a bad year all around for semiconductor equipment companies. The big chip... — read more 

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| 3050 views | | 5 replies (last January 27, 2022)
Post ID: @OP+VTv74cW

Business is really slow

I just heard from a friend who works at another Lam supplier. Business is really slow. They have some work but not much. They use to have a staff of 7 engineers and now they are down to 2. Hiring freeze and possibly another layoff (they had a small... — read more 

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| 2580 views | | 1 reply (June 18, 2019)
Post ID: @OP+VzKE30R

Any new layoffs at Lam?

Lam Research reported that September was going to be its worse month for sales this year. According to several posts on indeed.com, Lam lost their contract with Samsung which is one of their biggest customers. The Lam stock (LRCX) has also been... — read more 

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| 6101 views | | 6 replies (last March 21, 2019)
Post ID: @OP+UY7lyrB

Lam supplier in Oregon just laid off 10% of work force

The slow down at Lam is now hitting their suppliers. Lam reports that sales will NOT be picking up until next year at the earliest. The layoff took place on July 3rd. Small company but over 11 families were affected. Rumor has it that round 2 might... — read more 

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| 2580 views | | no replies yet
Post ID: @OP+TZUHq9L

Lam layoffs 6/14/18

Lam in Tualatin, Oregon reduced their headcount by 200 on 6/14. More to come. Headcount is to high. The amount of tools on the factory floor is down 60 percent since last quarter.

Bad news from Lam

Lam Research announced that their second half of 2018 will be slow. Sales are down. That means the temps will be let go (if they haven't been already) and that also means their suppliers will also be laying off. Happens every 3-4 years for the... — read more 

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| 2442 views | | no replies yet
Post ID: @OP+SMzknql

Layoff news? Temps?

It is a well known fact that Lam Research's work force in production is mainly temp workers. Does anyone have any news if they are hiring or letting them go? Usually the first sign of trouble at Lam is when the temps are let go. Does anyone have any... — read more 

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| 2081 views | | 2 replies (last November 19, 2017)
Post ID: @OP+Qe2LHn7

2016 Soft market for Semiconductor equipment companies

Intel news are nothing new, Intel is planning downsizing due to restructuring. The big Intel suppliers are bound for layoffs in 2016 following Intel layoffs. In Hillsborough, Oregon and other Intel locations, people are looking for another outcome of... — read more 

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| 2251 views | | 1 reply (April 19, 2017)
Post ID: @OP+I7JFNM4

Any layoffs at Lam due to the Intel cutbacks?

I was wondering if any of the temps at Lam Research have been let go in mass due to any canceled orders from Intel. Usually the temps are the first to go when Lam slows down.

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| 1961 views | | no replies yet
Post ID: @OP+HdLOKrc

Lam laid off all of their temps in Fremont, Livermore

I worked for a supplier of Lam Research and got laid off in April 2014. The reason was that orders from Lam had been dropping. The same week I found out that Lam Research let go all of their temp workers. Temp workers do not show up as a layoff so... — read more 

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| 3251 views | | 2 replies (last August 20, 2015)
Post ID: @OP+vFbwjFR

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