Japan chipmaker Renesas to cut more jobs, freeze pay increases

Semiconductor production slows to crawl as demand down for cars, factory equipment

20250107N Renesas

Renesas also cut 1% to 2% of its workforce and postponed raises in 2024. (Source photos by Nikkei)

RYO MUKANO, Nikkei staff writer

TOKYO -- Japanese chipmaker Renesas Electronics will cut up to several hundred jobs this year, Nikkei has learned, amid weak demand for a broad range of chips.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.