DECEMBER 14, 2023 — 111 SAN JOSE WORKERS
The company has announced that 111 employees at its Rio Robles office complex in San Jose, California will lose their jobs between January 12, 2024, and February 2, 2024.
MAY 1, 2022 — 61 LAYOFFS IN MILPITAS, CALIFORNIA
The company has announced that it will be consolidating its Silicon Valley operations in San Jose, California. This includes plans to lay off 61 employees in Milpitas toward the end of June, sellings its Milpitas chipmaking facility, and subleasing its space in two Santa Clara, California office locations.
According to a company spokesperson, "Analog Devices is co-locating employees from various California sites to our larger, vibrant campus in San Jose which will support the expansion of future needs. We evaluate the current needs of our business and made the difficult decision to close positions for a small number of employees."
JANUARY 20, 2021 — MILPITAS, CALIFORNIA FACILITY TO BE CLOSED, 255 LAYOFFS
The company announced that it is shuttering its Milpitas, California facility and laying off 255 employees. The facility was acquired in 2016 as part of the $14.8 billion Linear Technology acquisition. The effective date is February 19, 2021.
It is unknown at this time whether this is preparation for the closure of the Maxim acquisition in Summer 2021.
According to a company spokesperson, “Changing business needs require us to close this facility permanently.”
JULY 15, 2020 — Original post…
Norwood, Massachusetts-based Analog Devices, a major semiconductor manufacturer, appears to be exploring the purchase of San Jose, California-based Maxim Integrated, an integrated chip designer and manufacturer for approximately $21 billion.
Most semiconductor companies are seeking to scale their operations and widen their product lines to prepare for a growing market for IoT (Internet of Things) devices.
At-risk are employees who are associated with programs that will be discontinued as well as those whose positions are associated with duplicative departments and functions that are targeted for synergistic cost savings that help justify the sales price and assist in paying for the purchase.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?