Onsemi to cut nearly 2,400 jobs this year in restructuring push
1. Onsemi announces a restructuring plan to cut costs via global layoffs. 2. About 2,400 employees will be laid off across all divisions in 2025.
FAQ
Why Neutral?
The cost‐cutting plan may improve long-term margins, but layoffs often trigger short-term uncertainty. Similar restructurings in the semiconductor industry have produced mixed immediate market reactions.
How important is it?
The restructuring is a significant strategic move affecting future profitability, yet its impact is gradual and execution-dependent.
Why Long Term?
While execution risks exist, operational cost reduction is expected to yield benefits over years, not immediately.