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Kulicke & Soffa (KLIC) - Get Kulicke and Soffa Industries Inc. Report was down 1.4% in early trading. After Tuesday's close the chip equipment maker said it would cut its workforce by 7%, or 300 people, due to slowing orders over the last few months. The company also said it doesn't see business conditions becoming "more robust" before the end of 2001.

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