BRIEF-Wolfspeed To Reduce Headcount By Approximately 180 Employees

Reuters
07 Mar
BRIEF-Wolfspeed To Reduce Headcount By Approximately 180 Employees

March 7 (Reuters) - Wolfspeed Inc WOLF.N:

  • WOLFSPEED INC - TO REDUCE HEADCOUNT BY APPROXIMATELY 180 EMPLOYEES

  • WOLFSPEED INC: IN Q3 OF FY2025, EXPECTS TO TAKE A ONE-TIME CHARGE RELATING TO A LITIGATION SETTLEMENT

  • WOLFSPEED INC: HAS RECEIVED ITS CONDITIONAL CERTIFICATE OF OCCUPANCY FOR SILER CITY MATERIALS FACILITY

  • WOLFSPEED INC - TARGETS FY2026 CAPITAL EXPENDITURES OF $150 MILLION-$200 MILLION

  • WOLFSPEED INC - TARGETS FY2027 CAPITAL EXPENDITURES OF $30 MILLION-$50 MILLION

  • WOLFSPEED INC: RECONFIRMING BUSINESS OUTLOOK FOR THE THIRD QUARTER OF FY2025

  • WOLFSPEED INC: CONTINUES TO WORK ON POTENTIALLY SECURING FEDERAL GRANT FUNDING AND ACCELERATING PAYMENT OF 48D CASH TAX REFUNDS

  • WOLFSPEED : REDUCING HEADCOUNT BY ABOUT 180 EMPLOYEES, PRIMARILY IN MATERIALS OPERATIONS, AT BOTH THE DURHAM AND SILER CITY LOCATIONS

Source text: [ID:n0000895419-25-000032]

Further company coverage: WOLF.N

(Reuters.Briefs@thomsonreuters.com)

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