As it moves to restructure its debt, including through a potential Chapter 11 bankruptcy, the struggling Durham semiconductor ...

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, ...

Whether this will be enough to stave off bankruptcy remains unclear. The looming debt issue appears to have scared analysts, several of whom downgraded the company Friday. The investment firm William ...

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.

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 ...

This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. March brought renewed manufacturing layoffs.

Wolfspeed’s situation went from bad to worse in March. The company appointed a new CEO and announced more layoffs, which could be considered a positive. However, investors are worried the debt ...

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 ...

This is the latest round of layoffs Wolfspeed has made over the past 12 months amid aggressive cost-cutting. The firm entered last summer with more than 5,000 employees worldwide. Since then ...