A wave of consolidation and restructuring is redefining the manufacturing workforce and the future of production.

The U.S. Federal Trade Commission is looking to trim its headcount by around 10%, its chairman told Congress on Thursday, ...

The Durham-based chipmaker said it is cutting its management team by 30% and negotiating with lenders as it faces a looming ...

Fortive Corporation ("Fortive") today announced the appointment of Neill Reynolds as Chief Financial Officer (CFO) of Ralliant Corporation ("Ralliant"), effective June 2, 2025. Mr. Reynolds brings ...

Due to restrictions on chip wafer production sites, companies like Nio and Xiaomi still source silicon carbide chips from US firm Wolfspeed ... Other Chinese carmakers have felt even less impact. An ...

As it works to shovel its way out of $6.7 billion in debt by analyzing both "in court or out of court options," Wolfspeed is ...

Activist investor Jana Partners, which last year pushed Wolfspeed to consider a sale to boost its share price, has exited its ...