News

President Trump is trying to cancel billions of dollars in federal spending. One of his targets offers incentives to ...
As Chatham County continues to experience significant growth and development, the local real estate market faces a myriad of challenges and opportunities. With property re-evaluations occurring this ...
A Chatham County chipmaker will be laying off some employees. According to multiple reports, the Durham-based company will let go 73 employees. That’s about one-third of its workforce at the plant, ...
A provision in the House version of the One Big Beautiful Bill Act would claw back tax credits that encourage renewable ...
A semiconductor chip manufacturer will lay off 73 workers at its Siler City manufacturing plant. Wolfspeed filed notice of the impending layoffs, which are scheduled to take place Aug. 9, in a Worker ...
Wolfspeed, the anchor of one of the region’s megasite campuses, has eliminated at least a third of its current workforce at the Siler City manufacturing plant. The N.C. Commerce Department said ...
A report indicating that Wolfspeed laid off part of its workforce at a North Carolina facility has been verified by the ...
The layoffs come on the heels of the company’s third quarter financial report, which saw revenue take a $20 million hit.
The cuts come as the Durham chipmaker has been working to reduce operational costs and manage debt amid uncertainty over ...
As it moves to restructure its debt, including through a potential Chapter 11 bankruptcy, the struggling Durham semiconductor ...