https://www.globenewswire.com/news-release/2020/11/05/2121565/0/en/Microchip-Technology-Announces-CEO-Transition.html
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This company has a huge debt and run by 2 Indians one is chairman of the board and his friend is CEO. While executives earn exorbitant fortunes, they keep reducing benefits and pay for employees. The CEO made a fortune through serial acquisitions where he cuts deeply without providing adequate severances. Hopefully someday a law firm will organise a global a class action law suit for generations of employees let go with harm at companies they acquired over the years . Justice is just around the corner