Semtech Announces Global Reduction in Force

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Semtech (SMTC) Plans Workforce Reduction; Sees Q2, Q3 Charges

July 15, 2015 4:49 PM EDT

Semtech (NASDAQ: SMTC) announced a worldwide reduction in force to align operating expenses with business conditions and leverage recent infrastructure investments. These actions, primarily targeted at sales, general and administrative expenses, are expected to reduce the total number of employees by approximately eight... More