Technology

Applied Materials to Cut 4% of Global Staff After Sales Slow

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Signage outside Applied Materials headquarters in Santa Clara, California.

Photographer: David Paul Morris/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy October 23, 2025 at 8:45 PM UTCBookmarkSave

Applied Materials Inc., the largest US producer of chipmaking equipment, plans to cut 4% of its global workforce as it copes with a sales slowdown and trade turmoil.

The company will eliminate the jobs to position it “as a more competitive and productive organization,” according to a regulatory filing on Thursday. Applied Materials had 36,100 employees as of the end of July, suggesting that the cuts could affect more than 1,400 workers.

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