Texas Instruments has reportedly notified employees of up to 400 layoffs as the company wraps up the operation of its older 150-millimeter facilities in Dallas and Sherman, according to KXII. As reported by TrendForce, 163 employees will have their last day in December, while a further 20 will be cut by April next year. Overall, it’s reported that 400 positions will be cut due to these closures as the company migrates from 150mm to 300mm fabs.
Despite these cuts, Texas Instruments says that it remains committed to North Texas. Earlier this year, the company said that it would invest $60 billion in semiconductor manufacturing, including the expansion of its 300mm fabs in Texas and Utah. These are projected to create up to 60,000 new jobs, and employees who helped with the closure of its older plants will be given priority for openings at Texas Instruments’ upcoming facilities.
