TITLE

ON Semi confirms 200 layoffs, fab closure

AUTHOR(S)
Deffree, Suzanne
PUB. DATE
March 2008
SOURCE
Electronic News;3/24/2008, Vol. 54 Issue 12, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plans confirmed by ON Semiconductor to cut about 200 global employees and close a 5-inch fab as it merges in AMI Semiconductor. Keith Jackson, ON president and chief executive officer (CEO), said that the acquisition brings together ON Semiconductor's leading standard products, operational excellence and manufacturing infrastructure with substantial custom product portfolio of AMIS. It was confirmed that the merged company will see approximately 60 employees to be laid off.
ACCESSION #
31505185

 

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