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 ...

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 ...

The company expects to wrap up the restructuring by late 2027. While Synopsys did not specify the exact number of layoffs, it ...