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

Microchip Technology, a leading US-based semiconductor company, has announced plans to lay off approximately 2,000 employees, accounting for 9% of its global workforce. The decision comes as part of a ...

If you are enrolled in Medicare Part D, there are some big changes you can expect when it comes to out-of-pocket spending for ...

The layoffs will affect its Fab 4 facility in Gresham, Oregon; Fab 5 facility in Colorado Springs, Colorado; and its backend ...

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

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

Microchip is to lay off 2,000 people representing 9% of its workforce because of weak automotive demand. In December of last ...

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

Microchip Technology plans to cut 2,000 jobs, about 9% of its workforce, due to declining automotive demand. The ...

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

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