Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Mainland China, rest of the Asia Pacific, Hong Kong, Japan, Europe, and internationally. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers serves the data center, PC, graphics, networking, automotive, industrial, and consumer embedded markets, as well as for smartphone and other mobile-device markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
EVENTS PER QUARTER · HOVER FOR EMPLOYEE COUNTS
Micron Technology, Inc. has begun layoffs in China, affecting approximately 300 employees as the company exits the mobile NAND market. This decision comes as part of a broader restructuring strategy aimed at adapting to changing market conditions and reducing operational costs. The layoffs are part of Micron's efforts to streamline its operations and focus on more profitable segments. The company has faced challenges in the memory chip sector, prompting this workforce reduction. The layoffs are effective immediately as Micron adjusts its business strategy in response to market demands.
Micron Technology, Inc. has announced the layoff of approximately 500 employees in its LED division as part of a strategic shift to narrow its focus on LED technology. The layoffs are set to take effect immediately, impacting operations in Boise, Idaho. This decision comes amid a broader restructuring effort aimed at enhancing the company's competitiveness in the market. The company has indicated that these job cuts are necessary to align resources with its revised business strategy and to address current market conditions.
Micron Technology, Inc. has announced plans to shut down its consumer business, Crucial, citing the impact of artificial intelligence on its operations. While specific details regarding the number of employees affected have not been disclosed, the decision indicates a significant restructuring within the company. The closure reflects broader challenges faced by the tech industry as it adapts to changing market demands. Further information regarding the timeline and specific layoffs is expected to be released in the coming weeks.
No one has shared a story from Micron Technology, Inc. yet. Went through a layoff here? Your experience helps others feel less alone.
Share your story →We'll email you the moment a new layoff is reported here.