US machine diagnostics and inspection manufacturing giant Applied Materials is implementing a global round of layoffs, in which it will lay off more than 1,400 employees worldwide, including at its development and manufacturing center in Israel. It is estimated that about 100 employees in Rehovot will be laid off as part of the move. The company announced the global move in a notification to Nasdaq, reporting that the plan is to make the company's structure "more competitive and efficient." This is a redu ...