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Infineon cuts 1,400 jobs amid tech layoffs
Infineon announced on Monday that it will eliminate 1,400 jobs worldwide as part of a broader trend of layoffs in the tech industry. The German semiconductor company also plans to shift another 1,400 positions to countries with lower labor costs.
The post Infineon cuts 1,400 jobs amid tech layoffs first appeared on Tech Startups.
Infineon announced on Monday that it will eliminate 1,400 jobs worldwide as part of a broader trend of layoffs in the tech industry. The German semiconductor company also plans to shift another 1,400 positions to countries with lower labor costs. […]
The post Infineon cuts 1,400 jobs amid tech layoffs first appeared on Tech Startups.