Microchip Technology to Cut 2,000 Jobs as Automotive Demand Wilts (Reuters) -Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its ...
Microchip Technology plans to temporarily cut the wages of employees who aren’t subject to the company’s pending factory shutdowns, a “shared sacrifice” amid a falloff in customer demand. Most of ...
Escalating Sino-U.S. tensions are threatening chipmakers that rely on revenue from China, a strong market for most suppliers of the auto industry Microchip Technology said it will cut around 2,000 ...