AM I NEXT? NO LOVE AT SYNOPSYS

Sunnyvale, California-based Synopsys, a supplier of tools and services to the semiconductor design and manufacturing industry, has announced a post-merged 10% reduction in force after it acquired Canonsburg, Pennsylvania-based Ansys.

The reduction in force will impact 2,000+ employees across R&D, legal, data science, IT support, accounting, and administration services.

According to a company spokesperson, "The targeted steps are meant to accelerate our strategy and capitalize on the highest-growth opportunities, resulting in a smaller eventual workforce. We do not take these measures lightly and are committed to treating impacted employees with respect and providing support through the transition.”

Change is constant, and it is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT ADVANCED MATERIALS

Santa Clara, California-based Applied Materials, a developer, manufacturer, and repair service for the equipment, software, and solutions used to make semiconductor chips, flat panel displays, and other electronics, has announced a 4% reduction in force, including 14 vice presidents.

The reduction will impact approximately 1,400 employees, including 350 layoffs in California's Bay Area.

CEO Gary Dickerson noted, “Automation, digitalization and geographic shifts are redefining our workforce needs and skill requirements. Now, at the end of the fiscal year, the company will take one coordinated workforce action, across all levels and groups, to accelerate implementation of these plans, while providing for appropriate and fair transition benefits for affected employees.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT TEXAS SEMICONDUCTORS

Dallas, Texas-based Texas Instruments, the iconic semiconductor and calculator manufacturer, has announced the closure of its 150-millimeter wafer fabrication operations in Dallas and Sherman, Texas, in favor of the newer 300-millimeter wafer production.

Approximately 400 employees will be impacted by the changeover.

According to a company spokesperson, “We regularly look at how we can operate more efficiently and best support the company’s long-term strategy. As a result, we made some organizational changes last week that impacted some of our employees. These changes include reaching the final steps of our planned, multi-year transition to close our remaining 150-millimeter facilities in Dallas and Sherman."

"These are difficult decisions, and our priority is to support our long-term employees through these changes. TI’s long-term commitment to North Texas, including our investments in our newest factories in Sherman, remains unchanged."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?