In addition to layoffs in Gresham and Microchip's Fab 5 in Colorado Springs ... It estimated the job cuts in Oregon and Colorado would reduce its operating expenses by about $25 million.

BENGALURU: Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker ...

"This update will include some layoffs in Oregon and Colorado Springs ... Arizona-based Microchip employs around 850 people at the Gresham plant known as Fab 4, but the company has reduced ...

Microchip Technology seeks to cut costs and resize its operations in cutbacks hitting its Colorado operations and companywide ...

The Oregonian/OregonLive reported last week that the Arizona-based chipmaker planned layoffs at its factories in Gresham and Colorado Springs, but Microchip said at the time it hadn’t determined ...

(KOIN) — Arizona-based Microchips announced it’s laying off about 2,000 employees, including employees at its Gresham, Oregon facility. Monday’s announcement said Microchip, which is part of ...

Shares of Microchip Technology fell more than 3% on Wednesday after the chipmaker announced plans to raise capital by ...

Microchip Technology's shares dropped over 3 per cent in after-hours trading following the company's announcement of a USD ...

Microchip Technology MCHP-2.46%decrease ... company said Monday that the cuts will be at its Fab 4 facility in Gresham, Oregon and its Fab 5 facility in Colorado Springs, Colorado as well as ...

Microchip's headcount reductions will be concentrated in the company's chip factories, commonly referred to as fabs, in Gresham, Oregon and Colorado Springs, Colorado. It is also running ahead of ...