Micron Technology announced on Tuesday that it is implementing workforce reductions in its China operations due to ongoing challenges in the mobile NAND memory market. The company cited a significant slowdown in growth compared to other NAND sectors as the primary reason for these layoffs. As part of its strategic shift, Micron has also decided to halt all future development of mobile NAND products on a global scale. This decision reflects the firm’s efforts to realign its resources in response to market dynamics and ensure its competitiveness in the data storage industry.
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Original from TechNode.com: Micron cuts jobs in China, shifts focus away from mobile NAND
Micron cuts jobs in China, shifts focus away from mobile NAND
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