Filing: Applied Materials plans to cut ~4% of its global workforce and expects the layoffs to cost $160M to $180M; it had 36,100 employees as of the end of July Nick Turner / Bloomberg : Bloomberg 2025-10-24 Nick Turner Applied Materials, Nick Turner / Bloomberg Related Coverage Applied Materials to cut 4% of global workforce as it struggles with revenue loss from China export restrictions DatacenterDynamics Applied Materials to lay off 4% of workforce to simplify operations Reuters Applied Materials Cuts Staff To Stay Ahead In High-Stakes AI Race Benzinga Applied Materials lays off 4% of workforce CNBC US chip equipment maker Applied Materials to cut 1,400 workers Tech in Asia Bay Area tech giant to cut more than 1,000 jobs despite record revenue San Francisco Chronicle Applied Materials to Cut 4% of Staff as Automation Changes Workforce Barron's Online