Thread regarding ON Semiconductor Corp. layoffs

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It's quite puzzling where they want to run the SiC..seems like that is the direction company is heading. All eggs in 1 basket is never good. But appears calm until Feb

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Post ID: @lnhh+1c3qBMcS

Number of fabs is reported to go down drastically in 3 years, only interest in 300mm fabs (onsemi only has 1)
No communication which fabs to close, which one will get investments.
Lot of 'show' communication for Wall Street, nothing tangible for the employees. Especially production related employees

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Post ID: @gkhx+1c3qBMcS

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