The restructuring could eliminate up to 2,800 jobs as chip design giant integrates engineering simulation firm.

Synopsys will lay off about 10% of its workforce, or roughly 2,000 employees, as the chip-design software maker looks to ...

Cornelis, a provider of high-performance networking, today announced what the company said is record performance score for ...

Synopsys, a leading chip-design company, announces a major downsizing with 2,800 job cuts, representing 10% of its workforce ...

Synopsys, a leading EDA tool provider, is preparing to reduce its workforce by around 10%, according to reports.

The layoffs follow Synopsys’ $35 billion acquisition of engineering design firm Ansys, marking a major strategic shift as the company integrates operations and reallocates resources. Despite strong ...

The move comes after the company completed its $35 billion cash-and-stock acquisition of engineering design firm Ansys ...

Synopsys is planning to cut its workforce by around ten percent as part of a restructuring plan. According to a regulatory ...

At Simulation World Detroit, executives shared their views on the early integration of AI, data, models, and simulations to ...

Synopsys to cut 10% of workforce, redirect resources to higher-growth areas after missing revenue estimates. SNPS stock up 1.11% at $399.98.

Synopsys will cut about 2,000 jobs as part of a major restructuring after its USD 35 billion Ansys acquisition. The company expects up to USD 350 million in costs, with layoffs mainly in fiscal 2026.

Synopsys, a Bay Area company known best for its silicon chip-design software, is laying off more than 2,000 workers after ...