SAN FRANCISCOA spokesperson for Atmel Corp. confirmed that the company laid off 293 workers, including 266 at the company's fab in Colorado Springs, Colo., and 27 at the company's headquarters in San Jose, Calif.
"Atmel, like many companies in our industry, is seeing the effects of the broader economic decline, and factory utilization is below what we anticipated in December," the company spokesperson said in an emailed statement. "Although difficult given the impact on employees, these actions are necessary to ensure Atmel's competitiveness."
Atmel announced in February it would pursue strategic alternatives for the company's ASIC business and related manufacturing assets, including a potential sale.
Atmel has in recent months moved to restructure itself, shedding jobsincluding 245 in Colorado Springsand manufacturing facilities. Last December, Atmel cut 11 percent of its North American workforce,ordered a 10-day shutdown for non-manufacturing employees and implemented a hiring freeze.
"Atmel has many hard working and dedicated employees, and we are committed to helping smooth the transition for those affected, including providing severance and outplacement services," the spokesperson's statement said.
The layoffs were first reported Tuesday by local Colorado media outlets, including the The Gazette of Colorado Springs and Southern Colorado's KKTV.
Atmel has more than 6,000 employees worldwide.