Layoffs have hit companies from Microchip to Meta and Boeing already in 2025 amid a backdrop of cost-cutting and ...

Microchip Technology will cut 2,000 jobs, about 9% of its workforce, due to slowing demand and plans to close its Arizona ...

Microchip has reported five straight quarters of declining sales, with fourth-quarter revenue and profits falling below ...

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

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

The company will also be shutting down operations at its Arizona chip manufacturing facilities in May, several months earlier ...

Microchip Technology is undergoing significant restructuring in response to a downturn in the automotive chip market. The ...

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

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