Thousands of employees are facing layoffs as tech giant Synopsys cuts 10% of its workforce following a $35 billion merger ...

Synopsys will cut 10% of its workforce as of the end of fiscal 2025. ・The restructuring initiative is expected to result in ...

The restructuring could eliminate up to 2,800 jobs as chip design giant integrates engineering simulation firm.

Synopsys to cut 10% of workforce, redirect resources to higher-growth areas after missing revenue estimates. SNPS stock up 1.11% at $399.98.

Synopsys will lay off about 10% of its workforce, or roughly 2,000 employees, as the chip-design software maker looks to redirect investment towards growth opportunities, according to a regulatory ...

Synopsys will cut 2,800 jobs after acquiring Ansys for $35 billion, with layoffs costing up to $350 million and completing by fiscal 2027.

PITTSBURGH, Nov. 21, 2023 /PRNewswire/ -- CMU and Ansys (NASDAQ: ANSS) deepen their longstanding partnership, appointing Professor Rebecca Taylor to the inaugural Ansys Career Development Chair in ...

The layoffs follow Synopsys’ $35 billion acquisition of engineering design firm Ansys, marking a major strategic shift as the company integrates operations and reallocates resources. Despite strong ...

A Canonsburg-based simulation software firm that employs thousands of local residents will be acquired by another publicly traded company in a huge deal worth $35 billion. Ansys, which has operated in ...

Synopsys, a leading EDA tool provider, is preparing to reduce its workforce by around 10%, according to reports.

Longstanding partnership continues to support the next generation of engineers through access to world-class simulation and industry-leading resources Preparing students for manufacturing's biggest ...