TI’s Analog restructuring ends in job cuts
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Some positions as well as the name of TI's Silicon Valley Analog group will be eliminated during the reorganisation process.
Chipmaker Texas Instruments had laid off a "very small" number of people as part of a restructuring of its Analog and Embedded Processing groups.
Some positions as well as the name of TI's Silicon Valley Analog group, a remnant of its ₹44,196.64 crore ($6.5 billion) acquisition of National Semiconductor in 2011, will be eliminated during the reorganisation process, leaving behind three groups—power, signal chain as well as high volume analog and logic.
“Within our Analog structure, we used to have four business entities and now we will have three–aligned by product categories our customers think about,” a TI spokesperson told EE Times' Rick Merritt. “No products or product portfolios have been eliminated…We did have a very small number of reductions in support functions."
There was no mention if the layoffs, which happened mainly in Silicon Valley, will extend to TI's Bangalore centre.
The last time that TI laid off people in India was in 2014, when it cut close to 300 jobs in its Bangalore centre as part of a global restructuring move to save the company an estimated ₹883.93 crore ($130 million). The chipmaker, which is the first multinational company to enter India in 1988, also let go nearly 200 people in 2012, when it retreated from the mobile phone arena to focus on supplying chips for automotive and communication markets.
TI, however, has come a long away from 2014. Today, the chipmaker is among the top core sector recruiters from fresh graduates in India, along with Tata Steel, JSW Steel, Centre for Development of Telematics (C-DOT), Indian Space Research Organisation (ISRO) and Coal India, Bharat Dynamics, Bharat Electronics Limited, Indian Navy, ONGC, TVS Motor and Eaton Corporation, according to the Economic Times.