The highest-paid CEO of 2024 wasn’t Jensen Huang, or Tim Cook, or even Elon Musk. Instead, it was James Anderson, the newly appointed CEO of Coherent, a technology company based in Saxonburg, Pa., that makes equipment and products for networking and... — read more 

What’s happening to the future of this company? Manufacturing has been moved overseas, leading to widespread plant closures and layoffs, all without clear direction from upper management. This shift isn’t about cost savings—it’s about losing the... — read more 

Everyone that is working in the old fab - unless you bid, and are accepted for a job in Dallas, positions are going to end this year. TI lied to the community of Sherman - they are not creating jobs for the people that live here.

Coherent had significant layoffs across many US sites in Oct 2023 as the company struggles with the variable interest, high debt load from the merger with II-VI, Inc. Management underestimated the Fed hikes in interest rate over the past year. ... — read more 

Listed on the nj warn site over 100

At least 100+ were laid off in Sherman, Texas on May 10th, 2023. There may be more coming in the next few days. Alot of conflicting information circulating. How did they go from wanting to expand to this?

we at Sherman TX fear we are next as they just let 60 people go in Great Britain last month.And another 100 this month .

My wife was let go about a year ago... Not good. Would not recommend them

Looks like they're ditching the fiber lasers.