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home / articles / why are on semiconductor shares trading lower friday mwn benzinga

ON - Why Are On Semiconductor Shares Trading Lower Friday? | Benzinga

ON Semiconductor Corporation

ON Semiconductor Inc. (NASDAQ:ON) shares are trading lower after the company announced significant restructuring plans.

What To Know: The company will reduce its global workforce by 1,000 employees and consolidate nine sites as part of its “Fab Right” strategy to optimize its manufacturing network and consolidate its global corporate footprint.

ON ...

Full story available on Benzinga.com
Stock Information
Company Name: ON Semiconductor Corporation
Stock Symbol: ON
Market: NASDAQ
Website: onsemi.com
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