Business Journal: Local Firm Moves Jobs

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(Sacramento, CA)
Thursday, November 17, 2005

The Coherent Corporation says it will be shifting 81 administrative and manufacturing positions to China and Malaysia in the coming year. They’re the kind of jobs that are no longer specialized, and can be moved to low-cost countries for competitive reasons, said a spokesman at the Auburn site. Coherent is based in Santa Clara. It has 2,200 employees worldwide.

Coherent is the latest in a string of Placer technology companies to announce cutbacks. Agilent, Oracle, Hewlett Packard and Varian are among the others who have shrunk their foothill presence recently.