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After unsatisfactory Q3 2024 revenue results, Infineon has announced its layoffs plan as a part of its cost-saving measures to bring the company back on track to meet its goals. German semiconductor manufacturer Infineon Technologies recently announced the results of its performance in the third quarter of 2024, and the company claimed there was a “slight increase in revenue.” The increase in revenue indicated has more to do with a rise from the previous quarter, but the company revenue was down 9 percent year-on-year.
The reports also suggest the full-year forecast is going to fall within the predicted range that