Microchip Technology will lay off 2,000 workers, including at its facilities in Gresham, Colorado and the Philippines, it ...

Microchip said Monday the 2,000 layoffs will save $80 million to $90 million on an annual basis. In addition to Oregon and ...

Escalating Sino-U.S. tensions are threatening chipmakers that rely on revenue from China, a strong market for most suppliers ...

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

The Chandler, Arizona-based company has been grappling with tepid demand from automotive customers that are struggling to ...

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 company anticipates restructuring costs between $30 million and $40 million, covering cash severance and other related expenses ...

Microchip Technology has announced plans to lay off workers at its Oregon and Colorado facilities, blaming weak sales and a ...

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

With demand crashing and revenue tanking, Microchip is making drastic cuts. But will it be enough to stop the bleeding?