www.EmploymentCrossing.com ASML Holding NV, a maker of tools used to manufacturer computer chips, plans to reduce its work force by 10 percent, or about 1000 employees, between the fourth quarter of 2008 and the second quarter of 2009. The company also plans to close production facilities for a total of four weeks over 2009’s first two quarters.

IBM researchers from the TJ Watson Research Center reached a significant milestone in the quest to send information between the “brains” on a chip using pulses of light through silicon instead of electrical signals on copper wires. The breakthrough — a significant advancement in the field of “Silicon Nanophotonics” — uses pulses of light rather than electrical wires to transmit information between different processors on a single chip, significantly reducing cost, energy and heat while …

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