Trending News: Microchip Technology Slashes Workforce by 9% Amid Declining Automotive DemandJapan’s New Tech Export Controls Create Tensions in China TradeInfineon Expands with New Semiconductor Plant in Thailand to Strengthen Global ManufacturingGlobal Semiconductor Sector Sees Strong 2024 Finish, Forecasts Steady 2025 Growth500W Isolated DC/DC Converter with Scalable Power for Tough Applications | GAIA ConverterInfineon PSOC 4 Multi-Sense MCU: Revolutionizing HMI & Sensing SolutionsEngineering Platform for Faster, Smarter Design and Innovation5G IoT Module for Fast, Reliable Connectivity and Seamless PerformanceHigh-Performance Vector Network Analyzer for Precise Measurements and Reliable TestingNext Hydrogen Completes GEN2 Electrolysis Cell Durability Test, Ready for Commercial DeploymentKia and Hyundai to Surpass 100,000 EV Sales by October Amid 30% Year-on-Year GrowthKeysight’s InfiniiVision HD3 Series OscilloscopesRohde & Schwarz Showcases Photonics-Based Ultra-Stable Tunable THz System for 6G at EuMW 2024Rohde & Schwarz Launch Efficient Solution for Next-Level Automotive Radar ProductionHow Oscilloscopes Accelerate Debugging for Faster, More Efficient Testing?Maruti Suzuki Accelerates EV Plans with 25,000 Charging Stations Across IndiaRenesas Unveils Ultra-Compact Sensor Module for Smart Air Quality Monitoring in Homes and Public SpacesIntroducing STM32WB0x: The New Wireless MCU Series Cutting Costs Across the Board!AAEON Launches BOXER-8658AI: The Ultimate In-Vehicle Powerhouse with 8 PoE LAN PortsNew Edge AI Evaluation Kit Boosts ML Application Development with Integrated Microcontroller, Connectivity, and Sensor TechnologiesKeysight and NXP Pioneer Automotive Security with World’s First Digital Key AppletMicrochip Launches Cutting-Edge PCIe Gen 5 SSD Controller FamilyNew SoC Technology Slashes EV Design and Manufacturing CostsKYOCERA AVX Unveils 20 New KAM Series Automotive MLCCs for Enhanced PerformanceKia Introduces the EV3: A Compact Electric SUV with Big AmbitionsQualcomm Expands IoT Portfolio with foundries.io AcquisitionRevamped EV Policy Unveils Lucrative Incentives for Investments in Plant and MachineryExciting Affordable Electric Cars Coming Soon to India.Tesla Stock Dips in European Markets, Hitting Lowest Levels in 15 MonthsSTMicroelectronics reveals monolithic automotive synchronous buck converters for light-load, low-noise, and isolated applicationsIntroducing Lectrix EV: Powering the Future of Mobility with the LXS G3.0 and LXS G2.010 Upcoming Electric Scooters In India 2024Electric vehicle manufacturers are transforming India’s battery recycling scene, driving sustainability forward.EV Connect and General Motors introduce seamless charging for GM electric vehicle owners.Microchip’s maXTouch expands with enhanced security for payment terminals, ensuring safer transactions.Raspberry Pi Boards For Budding Design Engineers.Launched “FLYING PROBE TESTER FA1815-20” By HiokiEIS Meter Technology: The Latest Trends in Electronic TechnologyGovernment Initiatives In Robotics Technology
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Trending News: Microchip Technology Slashes Workforce by 9% Amid Declining Automotive DemandJapan’s New Tech Export Controls Create Tensions in China TradeInfineon Expands with New Semiconductor Plant in Thailand to Strengthen Global ManufacturingGlobal Semiconductor Sector Sees Strong 2024 Finish, Forecasts Steady 2025 Growth500W Isolated DC/DC Converter with Scalable Power for Tough Applications | GAIA ConverterInfineon PSOC 4 Multi-Sense MCU: Revolutionizing HMI & Sensing SolutionsEngineering Platform for Faster, Smarter Design and Innovation5G IoT Module for Fast, Reliable Connectivity and Seamless PerformanceHigh-Performance Vector Network Analyzer for Precise Measurements and Reliable TestingNext Hydrogen Completes GEN2 Electrolysis Cell Durability Test, Ready for Commercial DeploymentKia and Hyundai to Surpass 100,000 EV Sales by October Amid 30% Year-on-Year GrowthKeysight’s InfiniiVision HD3 Series OscilloscopesRohde & Schwarz Showcases Photonics-Based Ultra-Stable Tunable THz System for 6G at EuMW 2024Rohde & Schwarz Launch Efficient Solution for Next-Level Automotive Radar ProductionHow Oscilloscopes Accelerate Debugging for Faster, More Efficient Testing?Maruti Suzuki Accelerates EV Plans with 25,000 Charging Stations Across IndiaRenesas Unveils Ultra-Compact Sensor Module for Smart Air Quality Monitoring in Homes and Public SpacesIntroducing STM32WB0x: The New Wireless MCU Series Cutting Costs Across the Board!AAEON Launches BOXER-8658AI: The Ultimate In-Vehicle Powerhouse with 8 PoE LAN PortsNew Edge AI Evaluation Kit Boosts ML Application Development with Integrated Microcontroller, Connectivity, and Sensor TechnologiesKeysight and NXP Pioneer Automotive Security with World’s First Digital Key AppletMicrochip Launches Cutting-Edge PCIe Gen 5 SSD Controller FamilyNew SoC Technology Slashes EV Design and Manufacturing CostsKYOCERA AVX Unveils 20 New KAM Series Automotive MLCCs for Enhanced PerformanceKia Introduces the EV3: A Compact Electric SUV with Big AmbitionsQualcomm Expands IoT Portfolio with foundries.io AcquisitionRevamped EV Policy Unveils Lucrative Incentives for Investments in Plant and MachineryExciting Affordable Electric Cars Coming Soon to India.Tesla Stock Dips in European Markets, Hitting Lowest Levels in 15 MonthsSTMicroelectronics reveals monolithic automotive synchronous buck converters for light-load, low-noise, and isolated applicationsIntroducing Lectrix EV: Powering the Future of Mobility with the LXS G3.0 and LXS G2.010 Upcoming Electric Scooters In India 2024Electric vehicle manufacturers are transforming India’s battery recycling scene, driving sustainability forward.EV Connect and General Motors introduce seamless charging for GM electric vehicle owners.Microchip’s maXTouch expands with enhanced security for payment terminals, ensuring safer transactions.Raspberry Pi Boards For Budding Design Engineers.Launched “FLYING PROBE TESTER FA1815-20” By HiokiEIS Meter Technology: The Latest Trends in Electronic TechnologyGovernment Initiatives In Robotics Technology
serve@innovateengineers.com
Microchip Technology Slashes Workforce by 9% Amid Declining Automotive Demand
Microchip Technology Slashes Workforce by 9% Amid Declining Automotive Demand

Microchip Technology is cutting approximately 2,000 jobs—about 9% of its workforce—due to declining automotive demand and surplus chip inventories. The move is part of a broader restructuring plan in response…

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