Infineon Technologies
ReductionCompany-confirmedFollow
Infineon Technologies layoffs and hiring: every workforce change recorded for Infineon Technologies, with totals and sources.
- Announced
- Headcount
- 1,400
- Site / geography
- Company-wide (global), with 1,400 additional roles relocated to lower-cost countries
- Sources
- 1
- Company
- Infineon Technologies
- Reason (as stated)
- CEO Jochen Hanebeck said the cuts were necessary to strengthen the company's competitiveness amid a challenging market, part of its "Step Up" cost-reduction program.
Sources
- The Register (theregister.com)
Timeline
- : announced
- : recorded on Workforce Watch
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