A wave of consolidation and restructuring is redefining the manufacturing workforce and the future of production.

The U.S. Federal Trade Commission is looking to trim its headcount by around 10%, its chairman told Congress on Thursday, ...

The Durham-based chipmaker said it is cutting its management team by 30% and negotiating with lenders as it faces a looming ...

Activist investor Jana Partners, which last year pushed Wolfspeed to consider a sale to boost its share price, has exited its ...

Amid booming demand for next-gen technology, one US chipmaker is struggling to stay afloat under the weight of mounting debt ...

Shares were mixed Friday in Asia after Wall Street drifted higher as reports suggested the Federal Reserve may have more ...

Wolfspeed is waiting on $750 million in federal funding under the US CHIPS Act. In March 2025, President Donald Trump said US ...

DOGE-backed software may fast-track federal layoffs as automation expands despite Elon Musk's reduced role and rising legal ...