National Semiconductor to Cut  Jobs
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National Semiconductor Corp., which makes analog chips used in cell phones, computers and televisions, said Thursday it is cutting about 650 jobs, or about 6 percent of its global work force, as it copes with an inventory buildup and lower demand.
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Chip maker chips away at work force, cuts 7500 jobs.
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NEW YORKâSoftware maker Computer Associates International Inc. says it will cut 800 jobs, or 5 per cent of its workforce, to reduce costs amid weaker demand and falling prices for software and services.
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Chipmaker National Semiconductor Corp.(NSM.N: Quote, Profile, Research) on Monday cut its second quarter revenue outlook, saying business was weaker than expected.
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Company cutting 375 jobs to eliminate redundancies in wake of ATI acquisition.
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Frees up thousands of pink slips Texas semiconductor manufacturer Freescale is cutting jobs across the company as part of a strategy to reduce costs during a sluggish year.â¦
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Software maker Computer Associates  CA.Non Wednesday said it would cut 800 jobs, or 5 percent of  its work force, in one of its biggest cost cutting efforts amid  weaker demand and falling prices for software and services.
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Stocks fell on Tuesday, after microchip maker National Semiconductor Corp.  cut its quarterly revenue forecast, prompting a sell-off in the technology sector.
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Intel, the world's largest computer chip manufacturer, will cut 10,500 jobs, or about 10% of its total staff.
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Nortel plans to cut about 3,500 jobs, most of them affecting middle managers, in a move to save $450 million to $500 million per year.
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Intel plans to lay off 800 workers at a Colorado chip-making plant, fallout from its decision to sell its XScale processor division in 2006.
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(InfoWorld) - Sony is planning to cut spending on development of semiconductors over the next few years, the company said Monday. The cut comes as Sony is reaching the end of a three-year restructuring plan through which it's been trying to reduce costs by Â¥200 billion ($1.6 billion) through a variety of layoffs, plant closures, and the ending of unprofitable businesses. The plan, which has the end of March 2008 as its target date, had succeeded in achieving savings of Â¥147 billion by the end of December 2006. Nine factories out of a total of 11 targeted for closure had been shut down and 10,500 people --Â 500 more than targetedÂ -- had left Sony's payroll. The exact amount by which semiconductor research spending will fall has not yet been decided, said Tomiyo Takizawa, a spokesman for the company in Tokyo. A report in the Tuesday evening edition of the Nihon Keizai Shimbun business daily said Sony will cut chip R&D spending by about Â¥200 billion. It will achieve this by outsourcing production of a future-generation version of the Cell microprocessor to another company, the newspaper said. Sony's Takizawa said such a decision hasn't yet been made. The Cell processor lies at the heart of the recently launched PlayStation 3 games console and Sony has plans to put it in a wide range of consumer electronics products. The current version is built on a 90-nanometer production process and Sony will shortly begin mass production of a second-generation model that is built on a 65-nanometer process. Each step in process technology results in a chip that is physically smaller and uses less power but the jumps also require invest in chip design and chip manufacturing technology. By choosing to outsource production of the future 45-nanometer version of the chip, Sony will achieve the desired savings, the newspaper said.
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Singapore-based electronics manufaturer Flextronics plans to lay off 900 workers in Hungary in response to falling market demand for products assembled at one of its plants, spokesman Gabor Sarlos said.
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The electronics giant plans to sell its operations for making microchips used in its PlayStation game console to Toshiba, pulling back from the heavy investment needed.
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National Semiconductor Corp. said Monday it agreed to sell its imaging business, which makes chips used in small cameras and cell phones, to camera giant Eastman Kodak Co.
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Nortel Networks Ltd. (NYSE/Toronto: NT - message board) today fleshed out its staff reduction plans by announcing that 3,250 posts will be cut, down from the expected 3,500 (see Nortel Cuts 3,500 Jobs ). North
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Nortel Networks Corp.    said on Tuesday it will cut 1,100 jobs globally as the  communications equipment maker seeks to improve operating  margins.