The company will also be shutting down operations at its Arizona chip manufacturing facilities in May, several months earlier ...

Microchip Technology will lay off 2,000 workers, including at its facilities in Gresham, Colorado and the Philippines, it ...

Microchip Technology is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled ...

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

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

Microchip said Monday the 2,000 layoffs will save $80 million to $90 million on an annual basis. In addition to Oregon and ...

Taiwan government will assist TSMC with its future investments in the United States while ensuring that the most advanced semiconductor technology will stay at home, the presidential office said in a ...

Microchip Technology Inc. closed 42.38% short of its 52-week high of $100.57, which the company achieved on May 24th.

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Okta (OKTA – Research Report) and Microchip ...

Microchip Technology plans restructuring to streamline operations and reduce costs. The company will cut 2,000 jobs, incurring $30-$40 million in restructuring expenses.

MICROCHIP Technology said on Monday (Mar 3) it will cut around 2,000 jobs, or about 9 per cent of its workforce, as the ...

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