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 ...

Microchip Technology will announce layoffs of factory workers Monday at its plants in Oregon and Colorado as the chipmaker ...

Microchip Technology has announced plans to lay off workers at its Oregon and Colorado facilities, blaming weak sales and a ...

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 ...

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

Escalating Sino-U.S. tensions are threatening chipmakers that rely on revenue from China, a strong market for most suppliers ...

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

Microchip Technology said on Monday 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. The Chandler, ...

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