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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

威世科技實施重組行動;計劃關閉三家制造業-半導體設施,裁員
Benzinga ·  09/24 07:02

The restructuring actions will be implemented in phases and include:

重組措施將分階段實施,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.
  • 銷售、總務和行政職能將立即開始精簡,並持續至2025年第四季度,導致約170名員工獲得遣散費,佔SG&A勞動力的6%。
  • 關閉三家制造業設施。
  • 公司預計將在主要與遣散成本有關的項目中,主要是在2024年第三季度,因這些計劃而產生約3800萬至4200萬美元的稅前現金費用。
  • 一旦該計劃在2026年底完全實施,Vishay預計至少實現年度成本節省2300萬美元,其中大約1200萬美元預計在銷售、總務和行政費用中。
  • 公司預計將立即實現約900萬美元的年度成本節約。從2025年第一季度開始,公司預計將實現約1200萬美元的年度成本節約。
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