CONNECT WITH US

Renesas to reduce workforce, freeze salary amid weak non-AI chip demand

Chiang, Jen-Chieh, Taipei; Levi Li, DIGITIMES Asia 0

Credit: DIGITIMES

Renesas Electronics has announced plans to cut several hundred jobs across its global operations. The company informed employees of these measures before the end of 2024, while also suspending traditional spring salary increases for 2025.

The article requires paid subscription. Subscribe Now