Coherent Layoffs
June 2023
Coherent announced a layoff affecting 196 employees in June 2023. The company operates in the Manufacturing sector.
196
Jun 6, 2023
About
Coherent, a global leader in materials, networking, and lasers, laid off 196 employees at its Fremont, California facility in June 2023. This location houses its subsidiary Finisar, which manufactures optical communications components. The layoffs were part of a broader restructuring due to shifting business needs, contributing to a total of over 304 job cuts announced by the company in the Bay Area in 2023. These reductions occurred within the wider tech industry downturn, which saw tens of thousands of layoffs across the region throughout 2022 and into 2023.
Related Events
More Manufacturing Layoffs
Report an Error
If you find incorrect information, please let us know so we can correct it.
support@layoffs.nl