Renesas to Cut Hundreds of Jobs
Tokyo, Jan. 8 (Jiji Press)--Renesas Electronics Corp. plans to cut hundreds of jobs, or less than 5 pct of its total global workforce of some 21,000, due to a slump in semiconductor prices, people familiar with the matter said Tuesday.
The Japanese chipmaker will forgo an annual wage increase in April.
(2025/01/08-10:23)
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