Layoffs have hit companies from Microchip to Meta and Boeing already in 2025 amid a backdrop of cost-cutting and ...
An undisclosed number of Microchip Technology employees in Colorado Springs will receive pink slips in March, part of the ...
On the same day TSMC said it would spend billions and hire thousands more in Arizona, another computer chip company is ...
Microchip Technology will lay off 2,000 workers, including at its facilities in Gresham, Colorado and the Philippines, it ...
Microchip said Monday the 2,000 layoffs will save $80 million to $90 million on an annual basis. In addition to Oregon and ...
Microchip Technology, a leading US-based semiconductor company, has announced plans to lay off approximately 2,000 employees, accounting for 9% of its global workforce. The decision comes as part of a ...
The layoffs will affect its Fab 4 facility in Gresham, Oregon; Fab 5 facility in Colorado Springs, Colorado; and its backend ...
Microchip Technology plans restructuring to streamline operations and reduce costs. The company will cut 2,000 jobs, ...
Microchip Technology is undergoing significant restructuring in response to a downturn in the automotive chip market. The ...
The local police department and a nonprofit have paired up in order to facilitate lost pets being reunited with their owners.
The company anticipates restructuring costs between $30 million and $40 million, covering cash severance and other related expenses ...
Microchip Technology is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled ...