EN
The influence of He^+ ion bombardment on magnetoresistance, magnetization reversal and domain structure of sputtered (Ni_{80}Fe_{20}(2 nm)/Au(2 nm)/Co(0.6 nm)/Au(2 nm))_{10} multilayers was investigated. The samples were bombarded using He^+(30 keV) ions with fluences D varied from 10^{13} to 3×10^{16} He^+/cm^{2}. With increasing D the following changes in magnetic properties were observed: (i) exponential decay of the saturation field of Co layers, (ii) progressive decrease in magnetoresistance as a result of degradation of Co layers perpendicular anisotropy, (iii) linear decrease in stripe domain period with log(D).