Seeking Alpha

ON Semiconductor (ONNN -1.1%) announces a restructuring that will lead to 250 job cuts and...

ON Semiconductor (ONNN -1.1%) announces a restructuring that will lead to 250 job cuts and $11M-$14M in related costs. The analog chipmaker, which is trading near its 52-week low, effectively fired its CFO earlier this month, following a weak Q2 report.
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