Aixtron to continue restructuring into 2015
60 jobs to go with other cost-cutting measures
Aixtron, the German maker of semiconductor deposition systems, has announced that as part of its continuing reorganisation, it plans to reduce around 60 of 800 jobs across the group.
Additionally, it will be continuing with other cost-cutting measures, and pursuing new market opportunities, for example with its new AIX R6 next generation MOCVD tool for LED manufacturing and in future business fields such as power and logic semiconductors as well as OLED.
"Letting employees go is never easy. As management, however, we have a responsibility for the whole company. Having reduced the executive board to two members in the mid of last year already should be viewed in the same light", said Martin Goetzeler, CEO.
"Customer needs are evolving. The focus is increasingly on process and user-oriented solutions while we are executing our productivity programs in all areas of the company", commented Bernd Schulte, chief operating officer.
Aixtron will present its figures for the 2014 financial year and provide an outlook for the current year on February 24, 2015.
