Friday, 24 March, 2023

Micron To Cut Workforce By 10% In 2023 Amidst Drop In Chip Demand

<p>Micron will reduce its workforce by 10% throughout 2023 through voluntary departures and take other cost-cutting measures as the computer memory chip maker struggles to deal with too much supply amid a drop in demand. In September, Micron announced it was investing $15 billion through the end of the decade on a new semiconductor plant in Boise expected to create 17,000 American jobs But in recent months, the company has seen a dramatic drop in demand.</p> <quillbot-extension-portal></quillbot-extension-portal>