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 4% on... — read more
Revenue off by 50%. 10% layoffs a-comin.
Look busy.
More cuts on the way at Microchip Technology?
People are talking, but where's the info coming from?
Big guy bails out b4 the ship sinks
https://www.globenewswire.com/news-release/2020/11/05/2121565/0/en/Microchip-Technology-Announces-CEO-Transition.html
Highly indebted cos may not exist in cheap money env.
Still $9B to go for mchp
275 Jobs lost in Colorado
Microchip Technology cutting 200 to 275 jobs at Colorado Springs plant https://gazette.com/business/microchip-technology-cutting-to-jobs-at-colorado-springs-plant/article_1f4c25fa-28ec-11ea-9c38-fb30b6dbd38d.html
Microchip Temp to Hire Employee Layoff
In progress.
Microchip slurps Microsemi for $8B+
And another one gone ...
2016 Layoff at Microchip Technology
Microchip used to be a good company to work for. Within the last few years there appears to have been a change in philosophy . As of this week, there have been four individuals laid off between the Chandler and Tempe Arizona sites. All individuals... — read more
Texas Instruments and Fairchild Layoffs
Two of our comeptitors recently had layoffs, not sure but we might be next. Nobody knows, for sure, so please treat this a a layoff rumor and not layoff news or insider information.
2015 Layoffs at Microchip Technology
If you are with Microchip Technology you know what I am talking about, a lot of people are concerned that our business is soft and that we may have cuts as our peers. Many companies in our industry keep reducing work, and shipping work overseas... — read more