Applied Materials Inc., the worlds largest maker of equipment for computer chips, is planning to cut up to 1500 jobs over the next 18 months. Although fourth quarter profits were up, the first increase in profits in over a year, the company says demand for computer chips remains low and is not expected [...]
Continue reading...Thursday, July 23, 2009
Lattice Semiconductor will eliminate 64 jobs from its global workforce, or 8%. The firm saw a 19% drop in revenue in Q2 2009. Hillsboro, Oregon’s Lattice Semiconductor is the number four ranked company in world market share of high-performance programmable logic devices. Lattice was incorporated in Oregon in 1983, and reincorporated in Delaware in 1985. The company is [...]
Continue reading...Wednesday, July 15, 2009
The State University of New York at Albany’s College of Nanoscale Science & Engineering will construct a a $50 million computer chip packaging center, creating 200 jobs. The Computer Chip Hybrid Integration Partnership (CHIP) will also build a $27.5 million computer chip commercialization center at the SUNY Institute of Technology outside Utica, creating 475 jobs. Share This [...]
Continue reading...Thursday, May 14, 2009
Avago Technologies will cut up to 200 more employees. The microchip manufacturer has cut 475 jobs, or 13% of its workforce, since the beginning of the year. Based in San Jose, California and Singapore, Avago Technologies was originally the semiconductor products division of Hewlett Packard and later Agilent Technologies, before being spun off into a distinct legal [...]
Continue reading...Friday, April 17, 2009
Automated microchip test equipment maker Teradyne will eliminate 350 jobs in Q2, and further slash its executives’ annual salaries. The layoffs affect 9% of Teradyne’s workforce. The North Reading, Massachusetts-based firm will cut executive salaries a third time since October, an overall pay cut of 20%. The firm was founded in 1960 by Alex d’Arbeloff and Nick DeWolf, [...]
Continue reading...Thursday, April 16, 2009
Unpronounceably-named computer chip manufacturer Xilinx will trim 6% of its global workforce, eliminating 200 jobs. The firm is cutting executive salaries and freezing compensation for others. CEO Moshe Gavrielov will have his annual salary reduced by 20% to $560,000. The board of directors will also see a 20% cut. Xilinx is the world’s largest supplier of programmable [...]
Continue reading...Tuesday, March 31, 2009
Chip equipment maker KLA-Tencor has announced its second round of layoffs in five months, cutting its global workforce another 10%, or 550 jobs. KLA-Tencor is also consolidating facilities, forcing workers to take time off and reducing employee stock purchase plan benefits. The company makes systems that monitor and analyze silicon wafers used in microchip products. The firm announced [...]
Continue reading...Friday, March 20, 2009
Microchip equipment supplier Lam Research will cut 10% of its workforce, about 375 positions. Fremont, California-based Lam manufactures machines that etch and clean silicon wafers used for microchips. The firm cut 600 jobs in November. The layoffs will target regular, temporary and contract employees, and will take effect by June. Lam Research has been in business for 30 [...]
Continue reading...
Wednesday, November 11, 2009
1 Comment