Chipmaker Xilinx to Cut About 7% of Its Workforce

South Africa News News

Chipmaker Xilinx to Cut About 7% of Its Workforce
South Africa Latest News,South Africa Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Xilinx blamed job cuts on a 'perfect storm' of a slowdown in 5G investments and the impact of trade restrictions blocking business with China’s Huawei

Tom Wheeler, former chairman of the FCC, discusses the ongoing competition between the U.S. and China over the advent of 5G.

Additionally, Deepak Puri, chief investment officer of Deutsche Bank Wealth Management, explains why his firm is bullish on the U.S. energy sector, as well as industrials, healthcare and financials, in 2020.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

15 big US companies where most of the workforce say they're unhappy - Business Insider15 big US companies where most of the workforce say they're unhappy - Business InsiderWeWork, JPMorgan Chase, and cloud-computing company Nutanix topped the list, according to a survey from anonymous professional social network Blind.
Read more »

This Wage Calculator Shows What It Costs To Leave The Workforce To Care For A ChildThis Wage Calculator Shows What It Costs To Leave The Workforce To Care For A ChildWage calculator shows the long-term effects of staying home with the kids.
Read more »

Racial inequality in Silicon Valley: Pinterest is among many tech companies struggling to become less whiteRacial inequality in Silicon Valley: Pinterest is among many tech companies struggling to become less whitePinterest's slow progress in building a more diverse workforce is a sign that racial equality is not coming anytime soon to Silicon Valley tech.
Read more »

Must Read: Naomi Watanabe Is the New Face of Kate Spade New York, Fashion PR Is Getting Into CannabisMust Read: Naomi Watanabe Is the New Face of Kate Spade New York, Fashion PR Is Getting Into CannabisPlus, collaborations are more common than ever — here's what it takes to cut through the noise.
Read more »

JPMorgan plans to cut hundreds of jobs in consumer unit: BloombergJPMorgan plans to cut hundreds of jobs in consumer unit: BloombergU.S. bank JPMorgan Chase & Co is planning to cut hundreds of jobs across its con...
Read more »

Exclusive: Do or die - Nissan takes the axe to the house Ghosn builtExclusive: Do or die - Nissan takes the axe to the house Ghosn builtNissan is planning aggressive cost cuts to deal with an unexpected slum...
Read more »



Render Time: 2025-03-13 13:45:41