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    Home > Finance > Onsemi to lay off 170 staff in Czech Republic, cutting workforce by 7.5%
    Finance

    Onsemi to lay off 170 staff in Czech Republic, cutting workforce by 7.5%

    Published by Global Banking & Finance Review®

    Posted on March 10, 2025

    1 min read

    Last updated: January 24, 2026

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    Tags:employment opportunitiesfinancial sectorjob creationcorporate strategymarket conditions

    Quick Summary

    Onsemi plans to lay off 170 staff in the Czech Republic, cutting its workforce by 7.5% amid a $2 billion expansion. The company is coordinating with the Czech government on public aid.

    Onsemi to Reduce Czech Workforce by 170 Amid $2 Billion Expansion

    PRAGUE (Reuters) - U.S. chipmaker Onsemi will lay off 170 staff in the Czech Republic, cutting its workforce in the country by 7.5%, the company said on Monday, saying it was adjusting to current market conditions.

    The layoffs come while the firm plans a $2 billion expansion of its Czech operations. It said it was still working with the Czech government and the European Commission on filing public aid requests, but did not give any further comment on how the investment may be affected.

    (Reporting by Jan Lopatka)

    Key Takeaways

    • •Onsemi is laying off 170 employees in the Czech Republic.
    • •The layoffs represent a 7.5% reduction in the workforce.
    • •The company is planning a $2 billion expansion in the region.
    • •Onsemi is working with the Czech government on public aid.
    • •The impact of the investment on layoffs is not yet clear.

    Frequently Asked Questions about Onsemi to lay off 170 staff in Czech Republic, cutting workforce by 7.5%

    1How many employees will Onsemi lay off in the Czech Republic?

    Onsemi will lay off 170 staff in the Czech Republic, which represents a 7.5% reduction in its workforce.

    2What is the reason for the layoffs at Onsemi?

    The layoffs are part of Onsemi's adjustment to current market conditions while they continue to plan for an expansion.

    3What is Onsemi's expansion plan in the Czech Republic?

    Onsemi is planning a $2 billion expansion of its operations in the Czech Republic.

    4Is Onsemi seeking any assistance from the government?

    Yes, Onsemi is working with the Czech government and the European Commission on filing public aid requests.

    5Who reported the news about Onsemi's layoffs?

    The news about Onsemi's layoffs was reported by Jan Lopatka.

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