QuickLogic is to lay off 30% of its employees to make savings of about $4 million a year. QuickLogic expects the lay-offs will incurr restructuring expenses of about $600,000 of which $500,000 will be in cash and mostly coming in calendar Q2 2020. ‘The changes are expected to only have a minimal impact on the ...

This story continues at QuickLogic to reduce headcount by 30%

Or just read more coverage at Electronics Weekly