Wolfspeed's ambitious $5 billion semiconductor plant in Chatham County faces a major setback. Wall Street shorts Wolfspeed as ...

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

President Trump is trying to cancel billions of dollars in federal spending. One of his targets offers incentives to ...

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 report indicating that Wolfspeed laid off part of its workforce at a North Carolina facility has been verified by the ...

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 ...

Wolfspeed will lay off 73 employees at its Siler City plant in early August. The company cites weak customer demand as it reviews capital structure options. Wolfspeed must meet hiring targets to ...

The cuts come as the Durham chipmaker has been working to reduce operational costs and manage debt amid uncertainty over ...

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 ...