Microchip will also cease operations at its Arizona chip fab in May, affecting around 500 employees. While the company had previously announced that decision in December 2024, its May closure is ahead of the initial timeline that had been outlined. The Verdict reported that the Arizona facility and its equipment have already been listed for sale.

An undisclosed number of Microchip Technology employees in Colorado Springs will receive pink slips this month, part of the chipmaker's plans to lay off about 2,000 of its workers worldwide amid ...

Southern Colorado farmers are continuing to fight against a Colorado Springs land annexation they feel may have significant detrimental impacts.

Microchip said Monday the 2,000 layoffs will save $80 million to $90 million on an annual basis. In addition to Oregon and Colorado Springs, Microchip will lay off workers at a factory in the Philippines and 10% of its office workers.

The Arizona Wildcats and Colorado Buffaloes play in the Big 12 Tournament. Thursday's matchup is the first of the season between the two squads.

Microchip Technology will announce layoffs of factory workers Monday at its plants in Oregon and Colorado as the chipmaker responds to plunging sales. “At this time, our analysis is still underway and the number of employees to be affected has not been determined.

Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers, sending its shares up nearly 4% on Monday.

Arizona-based Microchips announced it's laying off about 2,000 employees, including employees at its Gresham, Oregon facility.