** Oxford Instruments falls 9.3 pct, after co cuts 7 pct of workforce or 160 jobs, as trade sanctions hit sales in Russia and recovery in Japan proves slower than expected ** Co, which makes maintenance systems and parts for CT and MRI scanners, says plan included closure of six of its smal
Read more(Adds CEO comments, details, share movement) By Noor Zainab Hussain June 9 (Reuters) - Oxford Instruments Plc, a maker of nanotechnology tools, said it cut 7 percent of its workforce, or 160 jobs, to reduce costs as trade sanctions hit sales in Russia. Shares in the company, whi
Read moreJune 9 (Reuters) - Oxford Instruments Plc, a maker of nanotechnology tools, said it had cut 7 percent of its workforce, or 160 jobs, as a part of planned cost reductions. The company said it estimates cost savings of around 8 million pounds this financial year, higher than the 6 million pou
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