The analog, high-bandwidth communications, and Ethernet IC vendor now projects Q4 revenues will be down 18% to 20%, compared with the company's previous guidance issued in late October of down 7% to 13%....
AMD laid off 600 employees in its Q4, 100 more than its previously announced job cut plans, and expects a $70 million charge on the cuts. AMD also expects charges for its ATI buy and investment in Spansion....
Layoffs aren't fair, but they are a fact of life, or at least life as an engineer. With the number of job cuts continuing to rise and competition for open positions becoming more intense by the week, industry experts and care...
MoSys makes specific note of pinched consumer spending and the Blu-Ray market decline as reducing its opportunities to penetrate the analog intellectual property market as it says goodbye to its analog/mixed-signal product li...
MoSys makes specific note of pinched consumer spending and the Blu-Ray market decline as reducing its opportunities to penetrate the analog intellectual property market as it says goodbye to its analog/mixed-signal product lines and cuts approximately 90 positions.
Mattson announces its third round of layoffs this year, now saying it will cut 20% of its staff, as iSuppli estimates capital spending by chip makers on semiconductor manufacturing equipment in 2009 will decline to $35.2 billion, the lowest level since 2003.
Sony slashes 5% of its workforce, looks to outsource a portion of its planned increase in CMOS image sensors manufacturing as it reduces investment in its electronics business by 30%, and will close several of its global manufacturing sites by the end of March 2010.
Following on Applied Material's 12% workforce reduction, fellow capital equipment vendor KLA-Tencor announces plans to cut 15% of its workforce by the end of June.