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SK Hynix is rumored to cut its team by thirty percent

Published Time: 2023-01-04 13:59:21
SK hynix slashes team size.

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It is reported that SK Hynix, the second largest manufacturer, has significantly reduced its team by 30% in the adjustment of its organizational structure, promoted young managers, and given more leadership to young executives.  

After this, SK Hynix has significantly reduced its staff, and the number of teams has been reduced by at least 20%, while the senior executives of the company refuse to retire with pay.

 

On the other hand, as the cold winter of the chip industry spreads, after Micron, SK Hynix, the chip company, cut its capital expenditure by 80%.  

The memory chip market and industry are chilling. At the same time, SK Hynix may record its first loss in Q4. At the end of last year, SK hynix developed the world's fastest memory, which surpassed DDR5-4800 by 80%!

 

And Twitter has also been trapped in a situation of jumping revenue recently, and Musk had to lay off a large number of employees.

At the same time, Musk asked Twitter to cut infrastructure costs by $1 billion . According to legend, Twitter allows users to update messages of no more than 140 characters (except for Chinese, Japanese and Korean, the upper limit has been increased to 280 characters). These messages are also called "tweets". Twitter is described as "the Internet's short message service ". The layoffs happened suddenly, and 80% of the employees were laid off without prior notice. In this regard, Musk revealed the reason: if there is no layoff, the negative cash flow will reach 3 billion U.S. dollars. Due to the loss of the richest man, Musk said he would resign as CEO of Twitter, and Tesla also showed signs of being dragged down.  is also advancing.

 

NXP revenue details and forecasts for NXP in 2022 show: Q3 growth of over 20%, net profit growth of 42.2% year-on-year; Q4 growth of 9%.  Obviously, NXP uses innovation and cooperation to continuously empower and seek win-win results with customers! NXP's excellent financial report shows that: automotive chip revenue increased by 24% year-on-year, and the proportion of revenue rose to 52.4%! It can be seen that NXP has been promoting the application of innovative technologies, and has carried out comprehensive strategic cooperation with other auto companies to build an ecology of the auto industry and set sail again.

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In addition, SK Hynix has confirmed the product lineup for CES 2023.  With the theme of "Green Digital Solutions", it will showcase a new generation of ultra-high-performance enterprise-class energy-saving memory products PCIe 5.0 SSD PS1010 and other high-efficiency and high-performance memories. It was previously reported that CES2023 will be held on the 5th.


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