Synopsys To Cut 2,000 Jobs After $35 Billion Ansys Deal, Shifts Focus To Faster-Growing Businesses

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

Cornelis and Synopsys Report Best-in-Class Ansys Fluent Performance with AMD EPYCs

Cornelis, a provider of high-performance networking, today announced what the company said is record performance score for ...

Synopsys Plans 10% Job Cuts After Ansys Deal Closure

(Reuters) -Synopsys will lay off about 10% of its workforce as the chip-design software maker looks to redirect investment ...
Stocktwits on MSN

Synopsys To Cut 10% Of Workforce After Ansys Acquisition

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

Synopsys Announces Major Workforce Reduction Following Ansys Acquisition

In a significant strategic shift, semiconductor design software leader Synopsys has revealed plans for substantial workforce ...

Synopsys to eliminate 10% of staff following Ansys integration

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

Synopsys cutting 10% of workforce months after acquiring Ansys

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

AI Is Changing Engineering. CoLab Just Raised $72M to Lead the Transformation.

CoLab today announced a $72M USD Series C fundraise, affirming its position as the company setting the pace in AI for engineering. The new funding comes on the heels of CoLab’s breakout launch of ...