Microchip Technology announces layoffs at Oregon, Colorado factories
Microchip Technology will lay off 2,000 workers, including at its facilities in Gresham, Colorado and the Philippines, it said in a filing Monday. News broke Friday of the Arizona-based semiconductor manufacturer's layoff plans. Monday's filing revealed the overall number of job cuts, although it did not break them down by location.
Microchip will also cease operations at its Arizona chip fab in May, affecting around 500 employees. While the company had ...
Microchip Technology is expected to pay between $30 million and $40 million in severance benefits and other restructuring costs as a result of the layoffs and plant closures. Despite these up-front ...
Microchip Technology has announced plans to lay off workers at its Oregon and Colorado facilities, blaming weak sales and a ...
Microchip is to lay off 2,000 people representing 9% of its workforce because of weak automotive demand. In December of last ...
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 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 in Gresham, Colorado and the Philippines. It employs about 850 at its Gresham facility, which it calls Fab 4.
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