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Vishay Intertechnology Implements Restructuring Actions; Plans Closure Of Three Manufacturing Facilities, Job Cuts

Vishay Intertechnology Implements Restructuring Actions; Plans Closure Of Three Manufacturing Facilities, Job Cuts

威世科技实施重组行动;计划关闭三家制造业-半导体设施,裁员
Benzinga ·  09/24 07:02

The restructuring actions will be implemented in phases and include:

重组行动将分阶段实施,包括:

  • Selling, general, and administrative functions will be streamlined beginning immediately and through 4Q 2025, resulting in severance payments to approximately 170 employees, or 6% of the SG&A workforce.
  • The closure of three manufacturing facilities.
  • The Company expects to incur pre-tax cash charges of approximately $38 to $42 million, primarily related to severance costs, as a result of these programs, mostly in 3Q 2024.
  • Once the program is fully implemented by the end of 2026, Vishay expects to realize annualized cost savings of at least $23 million of which approximately $12 million is expected to be in selling, general and administration expenses
  • . The Company expects to realize immediate annualized cost savings of approximately $9 million. Beginning 1Q 2025, the Company expects to realize approximately $12 million in annualized cost savings.
  • 将立即开始精简销售、一般和管理职能,直至2025年第四季度,从而向大约170名员工(占销售和并购员工队伍的6%)支付遣散费。
  • 关闭三个制造工厂。
  • 由于这些计划,公司预计将产生约3,800万至4200万美元的税前现金费用,主要与遣散费有关,主要是在2024年第三季度。
  • 一旦该计划在2026年底全面实施,Vishay预计每年将节省至少2300万美元的成本,其中约1200万美元将用于销售、一般和管理费用
  • 。该公司预计将立即实现约900万澳元的年化成本节约。从2025年第一季度开始,公司预计将实现约1200万美元的年化成本节约。
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