The company anticipates restructuring costs between $30 million and $40 million, covering cash severance and other related expenses ...

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 ...

Microchip said Monday the 2,000 layoffs will save $80 million to $90 million on an annual basis. In addition to Oregon and ...

Microchip Colorado Springs facility included in Microchip’s workplace reduction effort The Chandler, AZ-based chip maker is ...

Microchip Technology will lay off 2,000 workers, including at its facilities in Gresham, Colorado and the Philippines, it ...

On the same day TSMC said it would spend billions and hire thousands more in Arizona, another computer chip company is ...

Arizona-based Microchips announced it's laying off about 2,000 employees, including employees at its Gresham, Oregon facility ...

Microchip Technology plans to cut 2,000 jobs, about 9% of its workforce, due to declining automotive demand. The ...

Microchip Technology is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled ...

Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers, sending its shares up nearly ...

Microchip is to lay off 2,000 people representing 9% of its workforce because of weak automotive demand. In December of last ...