Layoffs have hit companies from Microchip to Meta and Boeing already in 2025 amid a backdrop of cost-cutting and ...

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

Arizona-based Microchips announced it's laying off about 2,000 employees, including employees at its Gresham, Oregon facility ...

On the same day TSMC said it would spend billions and hire thousands more in Arizona, another computer chip company is ...

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

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

Microchip Technology said on Monday it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker ...

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 ...

Mizuho raised the firm’s price target on Microchip (MCHP) to $68 from $58 and keeps an Outperform rating on the shares following the business ...

JPMorgan keeps an Overweight rating on Microchip (MCHP) with a $70 price target following the company’s business update call. The firm believes ...

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