Altera to incur restructuring charges in Q4; cuts 65 jobs
Dec 5 (Reuters) - Altera Corp ALTR.O said it will incur restructuring charges of $4 million to $6 million in the fourth quarter as a result of lease terminations and modifications and the elimination of about 65 positions.
The company reaffirmed its fourth-quarter sales forecast of flat to 4 percent lower compared with the third quarter. (Reporting by Jennifer Robin Raj in Bangalore; Editing by Deepak Kannan)
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