Xilinx to lay off 7% of workforce

Xilinx is to reduce its global workforce by 7% after a bad Q4. Xilinx had calendar Q4 (FYQ3) revenues of $723 million, down 13% from the prior quarter and down 10% year over year. GAAP profit was $162 million, non-GAAP profit was $171 million. FYQ3 2020 Financial Highlights (In millions, except EPS)   GAAP   Q3 ...

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