xAnts

xAnts

en-SG

Microchip Technology to lay off 2,000 employees

2025-03-04Reuters
Microchip Technology to lay off 2,000 employees

Microchip Technology said on Monday it will cut around 2,000 jobs, or about 9 per cent of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers. The company expects to incur between $30 million and $40 mil ...Read more

Recommendations