Analog Devices + Maxim Merger (Closed: August 2021)
✅ Total Layoffs: ~1,800 – 2,000 employees globally
This reduction came from both Analog Devices (ADI) and Maxim Integrated as part of the post-merger integration.
✅ Types of Jobs Impacted
- Duplicated Support & Corporate Functions
These are always the first cuts in semiconductor mergers:
Human Resources (HR)
Finance
Sales administration
Procurement
Information Technology (IT)
Corporate functions that overlapped between ADI and Maxim
- Overlapping Product & Business Units
Maxim had:
PMIC (Power Management ICs)
Battery charger ICs
Serial interface products
Automotive ICs
Sensor products
ADI already had large, established groups in these same categories → redundant orgs and product teams.
- Redundant R&D Sites
After the merger, multiple smaller Maxim design centers were shut down, including:
Some Dallas groups
Selected Asia-based design teams
These were consolidated into ADI’s larger R&D hubs.
✅ Layoff Timeline
2020–2021:
Deal announcement
Planning for integration
Q4 2021:
ADI officially begins structuring the combined organization
First waves of integration layoffs
2022 (Peak Layoff Year):
Heaviest job cuts
Consolidation of overlapping business units
Closure of duplicated design sites
Corporate restructuring
2023:
Final “synergy cleanup” layoffs
Optimization of product lines
Rationalization of sites and teams
Total integration timeline: ~24 months