Microchip Technology to lay off 2,000 employees

Reuters
03 Mar
Microchip Technology to lay off 2,000 employees

March 3 (Reuters) - Chipmaker Microchip Technology MCHP.O said on Monday it will cut its workforce by about 2,000 employees as it restructures its business.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Devika Syamnath)

((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10