ON Semiconductor Corporation to Cut 9% of Workforce Amid Restructuring
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What we know
Based on news reporting.
Summary
ON Semiconductor Corporation has announced plans to reduce its workforce by 9% as part of a restructuring effort. This decision comes amid ongoing challenges in the semiconductor industry, prompting the company to streamline operations. While specific numbers of employees affected have not been disclosed, the reduction reflects a broader trend of workforce adjustments within the sector. The company aims to enhance efficiency and adapt to changing market conditions, although the exact timeline for these layoffs has not been specified.
LayoffTalk has tracked 8 layoff events at ON Semiconductor Corporation since February 2025, with 8 additional events known from news reporting.
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