Coherent Lays Off 144
SANTA CLARA, Calif., Aug. 28, 2008 – According to documents filed with California’s Employment Development Department, Coherent Inc. laid off 144 employees at its manufacturing operation in Auburn on Aug. 23, 2008. Coherent, a major manufacturer of lasers and optics for the commercial and scientific research markets, has been one of the community’s largest private employers and a major property owner in Auburn.
According to the Sacramento Business Journal, Dave Snyder, economic development director for Placer County, said the...