Thread regarding Microchip Technology Inc. layoffs

Massive layoffs at Microchip Atmel coming by 2020

by TruthBTold
| 4271 views | | 7 replies (last January 21, 2020) | Reply
Post ID: @OP+11GVROzU
Comment! It's anonymous!

7 replies (most recent on top)

This thread turned out to be 1000% true

by Anonymous
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Post ID: @1rzgz+11GVROzU

275 cut from fab

by Anonymous
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Post ID: @exbv+11GVROzU

Just got the word today... Layoffs are for sure happening at the Colorado Spring's site in mid January.

by Anonymous
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Post ID: @dscq+11GVROzU

Wtf

by Anonymous
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Post ID: @cvbd+11GVROzU

Best they can tell, turning old Atmel into an R&D facility, moving all mass manufacturing to other facilities. Will cut from about 800 to about 50. With their stock bonus plan due to pay in Feb '20, those layoffs will likely happen by Jan '20.

by Anonymous
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Post ID: @ccnp+11GVROzU

Checking

by Anonymous
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Post ID: @9ifv+11GVROzU

Any M&A talks?

by Anonymous
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Post ID: @5itx+11GVROzU

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