National Semi consolidates manufacturing, plans to cut 26% of workforce

Deffree, Suzanne
March 2009
Electronic News (10616624);3/16/2009, Vol. 55 Issue 11, p3
Trade Publication
The article reports that National Semiconductor Corp. has announced plans to cut 1725 jobs and consolidate its manufacturing operations to reduce overall expenses and shift more of its R&D investments toward new growth opportunities. National Semi's fiscal Q3 sales decreased approximately 36% from the $453 million reported for fiscal Q3 2008. As part of the cost-cutting plan, the company will close its assembly and test plant in Suzhou, China, and its wafer fabrication plant in Arlington, Texas.


Related Articles

  • National Semi lays off 200. Deffree, Suzanne // Electronic News;1/28/2008, Vol. 54 Issue 4, p4 

    The article reports on the job cuts announced by National Semiconductor Corp. at its 3 fabs and its plans to dispose of certain manufacturing equipment. The move is aimed at cutting costs and rationalize its capacity. National said most of the job cuts will impact Arlington, Texas, which...

  • Saputo to shut second factory.  // Dairy Industries International;Nov2005, Vol. 70 Issue 11, p15 

    Reports on the plan of Saputo Group Inc. to close its Harrowsmith factory in Ontario. Reason for the plant shutdown; Predicted annual savings after the closure; Significance of the shutdown to the company's cost-cutting initiative.

  • Tin mill to close.  // Manufacturers' Monthly;Aug2006, p10 

    The article reports on the launch of a restructuring program and the closure of the tin mill of Bluescope Steel in Port Kembla, New South Wales. Bluescope will also close its manufacturing operations in Taiwan and eliminate about 250 management and staff jobs across all operations. The company...

  • Cummins eliminates at least 500 jobs.  // Trailer / Body Builders;Jan2009, Vol. 50 Issue 3, p12 

    The article focuses on the international workforce reduction by Cummins Inc. of at least 500 employees as of the end of 2008, as a result of the economic downturn. The company has reportedly offered a voluntary retirement package to certain U.S. employees based on a set of criteria. The...

  • Panasonic Predicts Loss, To Cut Jobs, Plants. Smith, Steve // TWICE: This Week in Consumer Electronics;2/9/2009, Vol. 24 Issue 4, p6 

    The article reports that Panasonic is predicting a $4.3 billion loss for its fiscal year, ended March 31, 2009, and announced layoffs of approximately 15,000 employees and the closing of 27 plants worldwide. The company said it will split the layoff between Japanese and overseas staff and will...

  • Astrapak to close down more companies in its flexibles division.  // African Business News;10/9/2013, p6 

    The article reports on Astrapak's plan to shut down more companies in its flexibles division following 51.4% decrease in headline earnings a share in the six months to August 2013. It is mentioned that the company incurred losses in fixed assets due to a fire at its East Rand Plastics factory in...

  • United closes MRO bases as unions okay concessions.  // Air Transport World;Jun2003, Vol. 40 Issue 6, p9 

    Reports on closure of the maintenance facilities of United Airlines Inc. (UAI) in the U.S. Business losses of UAI; Number of employees to be terminated; Cost cutting of UAI. INSET: United's labor cost savings*.

  • Branch Reductions Necessary But Not Simple. Travis, Kevin; Vokes, Robert // American Banker;Mar2009 Retail Delivery, p6 

    The author offers opinions on branch bank management. Major banks are attempting to reduce the number of their branch bank operations as a cost control measure. This process is seen as containing dangers for the bank's management, as closing the wrong branches could negatively affect profits....

  • Pfizer Cuts Back Michigan Operations. Emrich, Anne Bond // Grand Rapids Business Journal;1/29/2007, Vol. 25 Issue 5, p12 

    The article reports on the plan of Pfizer to close its human health research and development operations in Kalamazoo and Ann Arbor and an Esperion Group facility in Plymouth, Michigan. The closure is part of the plan to reduce manufacturing plants and costs by $4 billion a year. About 250...


Read the Article

Courtesy of

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics