Due to the industry downturn, solid-state storage manufacturer Solidigm announced that it will conduct 'moderate' layoffs

According to news from this site on October 26, solid-state storage manufacturer Solidigm confirmed that due to the industry downturn, the company is currently undergoing "moderate layoffs."

▲ Solidigm’s icon

Solidigm is the former solid-state drive business unit of Intel, now controlled by SK Hynix. Solidigm claimed that the company had "performed a modest layoff" yesterday, but did not disclose further information.

Solidigm said in a statement, "Due to the prolonged downturn in the semiconductor industry and its impact on market conditions, Solidigm has implemented layoffs. The company will provide support and severance packages for colleagues who are leaving. We are extremely We would like to thank our team members who have made meaningful contributions during their time at Solidigm. We will miss them greatly."

Solidigm did not disclose specific numbers regarding the number of layoffs. As of September 2022, the company has more than 2,000 employees worldwide, distributed in 20 regions. Earlier this year, the company closed its branch in South Korea and entrusted an agency to handle sales operations in the region.

SK Hynix recently released its third quarter 2023 financial report, which showed that the company had a net loss 2.185 trillion won (approximately 11.843 billion yuan). This financial situation makes people worried about Solidigm

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