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Meta Large-Scale Workforce Restructuring: 8,000 Layoffs and 7,000 Reassignments
On May 20, 2026, Meta formally initiated a new round of large-scale workforce restructuring. According to internal company memos and authoritative media reports, this adjustment encompasses approximately 8,000 layoffs, about 7,000 reassignments, and the elimination of 6,000 open positions, affecting...
Friday 22 May, 2026
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PMIC Price Surge: Cost Pressures, Capacity Crunch and AI Demand
Since 2026, the global semiconductor price hike wave has continued to propagate downstream from upstream wafer foundry and packaging/testing segments to various chip products. Following the successive price surges in memory chips, analog chips, and power devices, Power Management ICs (PMICs) have no...
Thursday 21 May, 2026
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ADI to Acquire Empower for $1.5 Billion in All-Cash Deal
On May 19, 2026, Analog Devices (ADI), a global leader in analog semiconductors, officially announced that it will acquire Empower Semiconductor, a Silicon Valley power-management startup, for $1.5 billion in an all-cash transaction. The deal is expected to close in the second half of 2026, subject ...
Wednesday 20 May, 2026
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