According to Oregon Live, Intel’s mass layoffs escalated significantly Friday evening, as the company revealed plans to cut nearly 2,400 jobs in Oregon, almost five times more than previously disclosed. Earlier in the week, Intel informed Oregon state officials of plans to lay off more than 500...

European semiconductor heavyweight STMicroelectronics is facing mounting challenges on multiple fronts. As noted by The Wall Street Journal, the company plans to cut 2,800 jobs by 2027 in an effort to improve performance after several months of sluggish sales. STMicroelectronics stated that the job ...

According to a report from ijiwei, citing The Register, sources indicate that IBM is laying off thousands of employees across multiple locations in the U.S., with its Cloud Classic division being hit particularly hard. The report suggests that around 9,000 positions may be at risk, including 25% of ...

According to a report from ijiwei, citing The Wall Street Journal, Germany engineering company Siemens plans to slash over 6,000 jobs across its automation and electric vehicle charging sectors. This includes approximately 5,600 positions globally within the automation segment at Digital Industries ...

According to a report from Daily Tidings, Microchip Technology has announced plans to lay off workers at its Oregon and Colorado facilities on the 3rd, citing weak financial performance caused by declining sales. As noted by the report, Microchip Technology's Gresham facility, Fab 4, employs appr...