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

An undisclosed number of Microchip Technology employees in Colorado Springs will receive pink slips in March, part of the ...

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

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

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

The layoffs will affect its Fab 4 facility in Gresham, Oregon; Fab 5 facility in Colorado Springs, Colorado; and its backend ...

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

Technology stocks held up better than the broader market Tuesday. Tariffs walloped the physical economy, but the services sector proved more immune, in investors' estimation.

Wake County pet owners can save some money this month if they’re willing to wait in line. The county is offering free rabies ...

Microchip Technology, a leading US-based semiconductor company, has announced plans to lay off approximately 2,000 employees, accounting for 9% of its global workforce. The decision comes as part of a ...

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