US-based semiconductor firm Micron to trim workforce by 10% in 2023
Image Credit: AP/Steve Helber
US-based semiconductor Micron has joined the layoff bandwagon and will trim its workforce by 10 per cent in 2023 due to adverse industry conditions. The decision follows Micron's results for FY23's first quarter. According to a restructuring plan, a combination of voluntary attrition and personnel reductions will be used to cut jobs.