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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 ...
As it moves to restructure its debt, including through a potential Chapter 11 bankruptcy, the struggling Durham semiconductor ...
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.
SILER CITY, N.C. (WTVD) -- Wolfspeed has announced that layoffs will be coming to its plant in Siler City. A Worker Adjustment and Retraining Notification (WARN) obtained by ABC11 shows 73 jobs are ...
Wolfspeed's ambitious $5 billion semiconductor plant in Chatham County faces a major setback. Triangle Forward Our next panel discussion in the Triangle Forward series will focus on technology, ...
$1.14 billion) in cuts by 2026, while Mavenir and Parallel Wireless face mounting debt and layoffs. Even ZTE has ... and intelligent IoT. Wolfspeed's stumble opens the door to China's SiC ...
Wolfspeed, which divested its LED and RF businesses to focus on SiC-based power electronics, has been considered a flagbearer in the rapidly emerging SiC semiconductors market. The company pioneered 1 ...
After the close of Tuesday's session, shares of silicon carbide semiconductor solutions provider Wolfspeed, Inc. (NYSE:WOLF) or "Wolfspeed" cratered by more than 60% to new all-time lows after the ...
CFOTO / Future Publishing via Getty Images Wolfspeed reportedly is considering filing for bankruptcy within weeks as it struggles with mounting debt. The Wall Street Journal noted that the ...
A wave of consolidation and restructuring is redefining the manufacturing workforce and the future of production. With political winds changing and global markets tightening, manufacturers are making ...
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