Micron

US memory chipmaker Micron Technology began a new round of layoffs in mainland China in mid-August 2025, affecting hundreds of employees. The cuts, which are part of a global retreat from the unprofitable mobile NAND flash memory market, are expected to eliminate over 300 positions across the company's research and development, testing, and support facilities in cities like Shanghai, Shenzhen, and Xi'an. The decision was driven by the challenging financial performance of mobile NAND products, used in smartphones and tablets, amid broader fluctuations in the semiconductor industry and ongoing US-China tensions. While the exact percentage of Micron's total workforce impacted was not disclosed, the company offered voluntary departure packages with generous compensation to affected staff in China.

Micron Technology, a major semiconductor manufacturer based in Boise, Idaho, announced in February 2023 that it expects to cut its global workforce by approximately 15%, exceeding its initial December 2022 announcement of a 10% reduction. This adjustment, affecting a company with about 48,000 employees, is a response to a severe market downturn and weakened demand for its DRAM and NAND memory products. The layoffs are part of broader cost-cutting measures, including reduced capital expenditures and executive pay cuts, aimed at aligning the company's operations with challenging 2023 market conditions. The exact number of layoffs at its Idaho headquarters remains unspecified.

Micron laid off 4,800 employees representing approximately 10% of its workforce on 2023-01-01.