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 Technology has announced plans to lay off workers at its Oregon and Colorado facilities, blaming weak sales and a ...
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 ...
With demand crashing and revenue tanking, Microchip is making drastic cuts. But will it be enough to stop the bleeding?
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