Onsemi, also known as ON Semiconductor, has initiated a company-wide restructuring plan that will result in 2,400 workers being laid off. In a regulatory filing yesterday (24 February), the ...
Onsemi ON-2.94%decrease; red down pointing triangle is planning a 9% cut to its workforce as it tries to maintain its pace of innovation amid a drop in demand and falling revenue. The ...
Onsemi to Cut Nearly 2,400 Jobs This Year in Restructuring Push (Reuters) - Onsemi has initiated a restructuring plan aimed at reducing operational costs, which would result in the laying off of ...
Onsemi (NASDAQ:ON – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twenty-five research firms that are presently covering the company, MarketBeat.com reports.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (the “Company”) (Nasdaq: ON) today announced its fourth quarter and fiscal year 2024 results with the following highlights: “As we continue to ...
Onsemi has released an upgraded series of power modules to boost utility-scale solar generation and storage. The new line consists of silicon and silicon carbide hybrid power-integrated modules ...
Onsemi has offered $35.10 for each Allegro share, it said on Wednesday, higher than its previous offer of $34.50 made in 2024. The offer values Allegro at an implied enterprise value of $6.9 ...
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Onsemi to Cut 9% of Workforce Amid RestructuringOnsemi is planning a 9% cut to its workforce as it tries to maintain its pace of innovation amid a drop in demand and falling revenue. The semiconductor company is trimming jobs and reducing its ...
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