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PCB | January 20, 2010

Cadence to lay off 120

US based EDA company Cadence will lay off 120 full time employees.
These lay offs are part of a restructuring plan and are expected to be done until the end of 2010. The company has also taken a $11 to $15 million in pre-tax charges, Printed Circuit Design and Fab reported. Which regions and business units that will be affected was not revealed.

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