Xilinx Eliminates 6% of its Workforce

Xilinx, the leading programmable logic devices supplier in the world, has announced that they will cut up to 6% of their workforce. The cuts could amount to as many as 200 jobs being lost. The jobs are being cut to save Xilinx money as they deal with slumping sales around the globe.
In addition to the job cuts, Xilinx has begun to institute other measures to cut costs. Among those measures are a salary freeze, a hiring freeze and a reduction in salaries for some of the high level executives in the company. Eventually, Xilinx believes that all of these measures …read more