Location: Utah, USA.
Based on news reporting.
Texas Instruments Incorporated has laid off approximately 200 employees in Utah following the receipt of up to $1.6 billion in federal funding from the CHIPS Act. The layoffs come as the company adjusts its workforce in response to changing market conditions and operational needs. This decision reflects a broader trend in the semiconductor industry, where companies are recalibrating their workforce strategies. The layoffs are part of a strategic move to align resources more effectively, despite the significant federal support received. The affected employees were notified in early October 2023.
Texas Instruments Incorporated cut 200 jobs as of October 1, 2023.
That is roughly 0.6% of the 34,000 people Texas Instruments Incorporated employs.
LayoffTalk has tracked 12 layoff events at Texas Instruments Incorporated since October 2023, affecting a combined 1,555 employees.
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