{"id":841724,"date":"2024-08-06T10:21:43","date_gmt":"2024-08-06T04:51:43","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=841724"},"modified":"2024-08-06T10:31:32","modified_gmt":"2024-08-06T05:01:32","slug":"infineon-to-cut-1400-jobs-worldwide-relocate-another-1400-says-ceo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/06\/infineon-to-cut-1400-jobs-worldwide-relocate-another-1400-says-ceo\/","title":{"rendered":"Infineon to cut 1,400 jobs worldwide, relocate another 1,400, says CEO"},"content":{"rendered":"<p>Infineon will cut 1,400 jobs and relocate 1,400 more, its CEO said on Monday, after third-quarter revenue missed expectations, prompting the German chipmaker to downgrade its full-year forecast for the third time in just a few months. <\/p>\n<p>The firm, which has around 58,600 staff worldwide according to its website, narrowed its annual revenue guidance to around 15 billion euros ($16 billion), having already twice lowered it, most recently to 15.1 billion euros, plus or minus 400 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infineon will cut 1,400 jobs and relocate 1,400 more, its CEO said on Monday, after third-quarter revenue missed expectations, prompting the German chipmaker to downgrade its full-year forecast for the third time in just a few months. The firm, which has around 58,600 staff worldwide according to its website, narrowed its annual revenue guidance to around 15 billion euros ($16 billion), having already twice lowered it, most recently to 15.1 billion euros, plus or minus 400 million.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-841724","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=841724"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841724\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=841724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=841724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=841724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}