English
Renesas to Cut 1,000 Jobs in Japan
By Junko Yoshida, EETimes
Feb. 2, 2019
TOKYO — Japanese semiconductor company Renesas Electronics plans to eliminate roughly 1000 jobs — equivalent to 5% of its entire workforce. Cuts are targeted at those working in Japan.
Renesas will soon start soliciting a voluntary early retirement.
Renesas, which will announce its fourth quarter financial results Friday, told EE Times that the move reflects the Japanese semiconductor company’s desire to spend more resources on its business opportunities overseas.
|
E-mail This Article | 
|
|
Printer-Friendly Page |
|
||||||
Related News
Breaking News
- Frontgrade Gaisler Unveils GR716B, a New Standard in Space-Grade Microcontrollers
- Blueshift Memory launches BlueFive processor, accelerating computation by up to 50 times and saving up to 65% energy
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Cadence Unveils Arm-Based System Chiplet
Most Popular
- Cadence Unveils Arm-Based System Chiplet
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Esperanto Technologies and NEC Cooperate on Initiative to Advance Next Generation RISC-V Chips and Software Solutions for HPC
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- Arteris Selected by GigaDevice for Development in Next-Generation Automotive SoC With Enhanced FuSa Standards