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Infineon to cut 1,400 jobs worldwide, relocate another 1,400, says CEO
Infineon will cut 1,400 jobs worldwide and relocate a further 1,400 positions to countries with lower labour costs as part of a previously announced cost savings programme, the German chipmaker's ... Read More
Infineon CEO Says Tariffs ‘Guesstimate’ Leads to Outlook Cut
Infineon Technologies AG forecast revenue in the current quarter that will miss analysts’ expectations and cut its outlook for the year after the German chipmaker factored in potential declines due to ... Read More
Infineon cuts jobs and revenue guidance after Q3 miss
BERLIN (Reuters) -Infineon will cut 1,400 jobs and relocate 1,400 more, its CEO said on Monday, after third-quarter revenue missed expectations, prompting the German chipmaker to downgrade its ... Read More
Infineon Cuts Guidance on Expectations of Tariff Hit
Infineon Technologies cut its annual guidance for revenue and profitability, saying it expects tariff wars to dent customer demand.The German chip maker said uncertainty stemming from trade conflicts ... Read More
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