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HomeStartup LayoffsAugust 2024 › Infineon

Infineon lays off 1,400 employees — August 5, 2024

Infineon, a manufacturing company based in Germany, laid off 1,400 employees on August 5, 2024. At the time, the company was at the Post-IPO stage. The layoff was reported by this source.

Company
Infineon
Employees laid off
1,400
Date
August 5, 2024
Industry
Manufacturing
Country
Germany
Company stage
Post-IPO
Total raised (pre-layoff)
$1500M

Source: https://finance.yahoo.com/news/infineon-cut-1-400-jobs-125510481.html

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