July 29 (Reuters) - Mattson Technology Inc:
* Says to reduce cash loss from operations and improve the operating leverage
of company
* Says will cut about ten percent of global staff
* Says to record cash expenditures of $1.8 million dollars for severance
expenses primarily in Q3
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Mattson Technology Inc click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Says to reduce cash loss from operations and improve the operating leverage
of company
* Says will cut about ten percent of global staff
* Says to record cash expenditures of $1.8 million dollars for severance
expenses primarily in Q3
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Mattson Technology Inc click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.