Hundreds of job cuts executed this week across MKS. With semi equipment business outlook weakness and high cost of interest payments related to the new Atotech acquisition, the year ahead will be difficult.
Layoffs again
And it seems it never stops at MKS. We'll see what happens in 2020...
December 2018
Any news of layoff ?
Andover Massachusetts Layoffs (about 50 people)
Contrary to what some posters have noted here, MKS had a layoff in in Andover, MA... All three shifts were affected and that's for sure. I am not sure about the total number, I was told 40 were let go but I've heard larger numbers as well - so... — read more
Any updates on 2018 cuts at MKS?
Anyone has info on what's going right now, I am hearing rumors about layoffs.
My two cents
At MKS the management simply does not know how to or care about properly managing professionals. There is a ton of huge egos that fill out the room and suck all the oxygen out. I am yet to meet any happy people working for this company. CEO has a... — read more
Semi is a tough industry
and many players do not survive, MKS is doing just fine w/no layoffs