March 3 (Reuters) - Microchip Technology (MCHP.O), opens new tab said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing ...

NEW YORK, March 19 (Reuters) - Shares of Microchip Technology (MCHP.O), opens new tab fell more than 3% on Wednesday after the chipmaker announced plans to raise capital by offering $1.35 billion ...

Microchip Technology MCHP-2.46%decrease; red down pointing triangle is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled chip maker looks to cut ...

The Business Journal has the full story here. Microchip Technology will lay off 2,000 workers, including at its facilities in Gresham, Colorado and the Philippines, it said in a filing Monday.

Microchip Technology has announced plans to reduce its workforce by approximately 2,000 roles, equating to about nine per cent of its global staff, as part of a strategic restructuring initiative.

Microchip Technology will announce layoffs of factory workers Monday at its plants in Oregon and Colorado as the chipmaker responds to plunging sales. “At this time, our analysis is still ...

Microchip plans to cut 2,000 jobs across multiple sites. Microchip expects annual savings of up to $100 million. Feel unsure about the market’s next move? Copy trade alerts from Matt Maley—a ...

Shares of Microchip Technology are up on the Nasdaq Wednesday, after the company said it was releasing an AI-powered coding assistant. In afternoon trading, shares gained 10.3% to $63.87.

Microchip Technology said on Monday it will cut around 2,000 jobs, or about 9 per cent of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers.