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2003-03-07 Switch maker OMM turning off the lights
OMM Inc. said it will close its doors and lay off all employees after failing to find new investors.
2008-12-17 Startup shows off integrated protocol processor
Siverge Networks debuts this week a single chip that handles a wide range of protocols for an equally broad target market of wired, optical and wireless telecom systems.
2008-12-08 Private IC firms quietly lay off staff
Privately held companies, unbound by regulations requiring them to report layoffs, have not gone unscathed as they too, have shed staffalbeit more quietly.
2012-02-09 Nokia to lay off 4,000, moves assembly to Asia
The transition would allow Nokia to work more closely with suppliers and enable it to introduce innovations into the market more quickly and ultimately be more competitive.
2005-03-22 IBM to reportedly lay off 500 in Sweden
International Business Machines Corp. (IBM), said it would lay off about 500 workers in Sweden, nearly 9 percent of its work force in the country, according to an Associated Press report.
2012-12-04 Globalfoundries to lay off Singapore staff
Despite long term plans for expansion in Singapore, foundry chip maker Globalfoundries said that it is cutting 300 jobs there due to a "softening of the current macro-economic climate."
2005-06-29 Ericsson to reportedly lay off 130, move jobs to China
Wireless equipment Ericsson said that it would lay off 130 of its 230 employees at a unit in Kalmar, Sweden, and move manufacturing jobs to China, according to an Associated Press report.
2008-12-09 Analyst: Intel may lay off up to 6,000 workers
FBR Capital Markets' Craig Berger expects Intel Corp. to cut roughly 5,000 to 6,000 employees as part of a series of cost-cutting moves that could save the company as much as $1 billion annually.
2015-10-05 AMD to lay off 470 employees worldwide
AMD has 9,469 employees as of June 2015 and will cut approximately 470 positions. The restructuring plan will target "all sites, all levels, all functions," an AMD spokesperson said.
2009-04-09 Smart grid: ready for take off
2009 could be the year the smart grid starts its transformation from an overhyped and ill-defined concept to a set of clearly articulated pieces and working prototypes.
2009-01-28 TI profit crashes 86%, sheds jobs
Texas Instruments Inc. announced that it will cut 12 percent of its workforce as it restructures operations following one of the worst sequential and y-on-y quarterly performances.
2009-01-29 ST cost-cutting scheme affects 4,500 jobs
STMicroelectronics Inc. has outlined a major cost-cutting effort in 2009, which includes plans to shed 4,500 jobs amid loss and poor outlook.
2008-11-07 Restructuring befalls Cadence
Cadence will undergo restructuring, which is designed to refine the company's strategy, streamline the business and improve operational execution and financial performance.
2014-01-07 Remove 'layoffs' in the cost-cutting picture
When you lay off talent, you lose people who are familiar with your company's culture and have been an integral part of past success.
2007-05-08 Nokia Siemens Network to dismiss 9,000 employees
Nokia Siemens Networks, which started operations last month, announced plans to lay off approximately 9,000 employees worldwide, in line with previous plans of headcount reduction.
2008-11-06 Nokia plans further cuts in operations
Nokia Corp. has announced further changes in its sales and marketing activities in the Markets unit.
2009-03-25 Mounting layoffs fire up offshoring debate
The offshoring debate heats up with labor groups slamming companies for shipping jobs overseas at a time of spiraling U.S. high-tech unemployment.
2008-01-03 Micronas shuts down IPTV biz
Micronas Holding GmbH plans to discontinue its activities in STBs for IPTV, affecting about 100 employees in California and around 20 employees in Shanghai, China.
2002-07-10 Layoffs planned at Celoxica
C-language design company Celoxica says it will lay off up to 10 percent of its work force this month.
2009-03-23 Japan companies dismiss workers in the Philippines
Weak demand has adversely affected two Japan computer parts makers' businesses in the Philippines, resulting in layoffs. This is according to an AP report.
2009-01-20 AMD plans 900 additional job cuts
Advanced Micro Devices Inc. has announced plans to cut additional 900 jobs in Q1 as part of a series of moves designed to reduce the chipmaker's workforce by about 9 percent.
2011-06-17 Acer slashes 300 jobs, reduces PC sales targets
Acer's chairman, JT Wang, announced that the company is planning to lay off 300 employees in its Europe, the Middle East and Africa units because of market changes and inventory issues in the region.
2006-09-07 10,500 heads will roll as Intel implements cost-cutting measures
Intel Corp. announced early this week cost-cutting measures it will soon implement, including plans to cut 10,500 jobs through layoffs and attrition.
2009-01-26 What's the best way to cope with recession?
As electronics sales tumble and companies dust off survival strategies, high-tech market executives, especially those in the semiconductor segment, are confronting a downturn like no other
2011-09-28 Trident to slash 275 jobs
Because of its cost cutting strategy, the company will lay off 20 percent of its labor to lower its financial breakeven point.
2014-01-23 TI to cut 1,100 jobs across embedded unit, Japan sites
Texas Instruments announced that it will lay off 1,100 employees across its embedded processing division and Japanese locations as it aims to cut back on operating expenses.
2008-07-09 Siemens CEO confirms major restructuring, hints job cuts
Siemens CEO has confirmed that a major restructuring is on the cards, after reports circulated that the company is set to lay off 17,000 workers, according Agence France Presse.
2005-08-31 Renesas to shutter design center in N.C.
Japan's Renesas Technology Corp. plans to lay off 45 engineers and support staff, and close its design center in Durham, North Carolina, according to a report from the Triangle Business Journal.
2015-08-18 Poor smartphone sales cause Lenovo, HTC job cuts
HTC and Lenovo have recently confirmed they would lay off workers as part of different restructuring plans in the face of slowing handset sales.
2002-09-17 Philips Semiconductors to close trailing edge fabs
Without significant near-term market improvement in sight and declining chip sales in Q3, Philips Semiconductors is likely to close some "trailing edge" fabs and lay off some people, according to CEO Scott McGregor.
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