Renesas to Cut Hundreds of Jobs
Tokyo, Jan. 8 (Jiji Press)--Renesas Electronics Corp. plans to cut hundreds of jobs, or less than 5 pct of its total global workforce of some 21,000, due to a slump in semiconductor prices, people familiar with the matter said Tuesday. The Japanese chipmaker will forgo an annual wage increase in April. The company predicts that demand for semiconductors for use in vehicles and industrial ...
Tomas Kauer - News Moderator 
Tokyo, Jan. 8 (Jiji Press)--Renesas Electronics Corp. plans to cut hundreds of jobs, or less than 5 pct of its total global workforce of some 21,000, due to a slump in semiconductor prices, people familiar with the matter said Tuesday. The Japanese chipmaker will forgo an annual wage increase in April. The company predicts that demand for semiconductors for use in vehicles and industrial ...
