More information is starting to trickle out from far-flung places related to Texas Instruments Inc.’s 1,700 jobs cuts over the next year.
When TI announced the job cuts two weeks ago, it said the layoffs would include 500 people in the Dallas area, but it provided no other specifics. The 1,700 layoffs represent abut 5 percent of the Dallas-based chipmaker’s global workforce.
EE Times India has reported that TI plans to cut more than 500 jobs in India as part of those layoffs, or about 28 percent of the company’s 1,800-strong workforce in that country.
Israel-based Haaretz.com today reported that TI plans to cut up to 250 employees in that country.
TI spokeswoman Whitney Jodry reiterated that the company is not breaking out layoffs by location. However, she said people in France, India, Israel and the United States will be affected.
Those 750 job cuts in India and Israel would account for nearly half of TI’s total 1,700 planned layoffs.
The layoffs are part of a strategy to cut costs as TI exits the wireless mobile market and refocuses on faster-growing, more profitable areas of business. TI employs nearly 35,000 people worldwide, including 9,900 people in North Texas.
http://bizbeatblog.dallasnews.com/2012/11/reports-texas-instruments-1700-layoffs-include-hundreds-of-jobs-in-india-and-israel.html/
When TI announced the job cuts two weeks ago, it said the layoffs would include 500 people in the Dallas area, but it provided no other specifics. The 1,700 layoffs represent abut 5 percent of the Dallas-based chipmaker’s global workforce.
EE Times India has reported that TI plans to cut more than 500 jobs in India as part of those layoffs, or about 28 percent of the company’s 1,800-strong workforce in that country.
Israel-based Haaretz.com today reported that TI plans to cut up to 250 employees in that country.
TI spokeswoman Whitney Jodry reiterated that the company is not breaking out layoffs by location. However, she said people in France, India, Israel and the United States will be affected.
Those 750 job cuts in India and Israel would account for nearly half of TI’s total 1,700 planned layoffs.
The layoffs are part of a strategy to cut costs as TI exits the wireless mobile market and refocuses on faster-growing, more profitable areas of business. TI employs nearly 35,000 people worldwide, including 9,900 people in North Texas.
http://bizbeatblog.dallasnews.com/2012/11/reports-texas-instruments-1700-layoffs-include-hundreds-of-jobs-in-india-and-israel.html/
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