Texas Instruments Layoffs Impact Utah Employees After CHIPS Act Funding
SOURCENews reportView the filing ↗
What we know
Location: Utah, USA.
Based on news reporting.
Summary
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.
LayoffTalk has tracked 12 layoff events at Texas Instruments Incorporated since October 2023, including 182 jobs documented in official WARN filings, with 10 additional events known from news reporting.
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