Thread regarding Lam Research Corp. layoffs

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 downgraded by several brokerage firms to "sell". This does not look good.

by
| 3679 views | | 6 replies (last )
Post ID: @OP+UY7lyrB

6 replies (most recent on top)

LAM just announced RIF (code word used for Layoffs at LAM)

How many ?

When ?

Why? Because our customers are reducing or canceling orders.

by
|
Post ID: @3duxk+UY7lyrB

10% RiF in procurement & CSBG in Fremont and some in Manufacturing in Livermore, most contractual .

by
|
Post ID: @udix+UY7lyrB

My uncle who’s older than the rest of his team got laid off last week

by
|
Post ID: @kamy+UY7lyrB

And the most recent lay offs were older workers!

by
|
Post ID: @icyd+UY7lyrB

Our dept at LAM is freezing new hires. Some employees also have received layoff notice this week.

by
|
Post ID: @hxsc+UY7lyrB

Post a reply

: