Brief: Wolfspeed To Reduce Headcount By Approximately 180 Employees

Wolfspeed (Pre-Reincorporation)

07/03/2025 13:14

March 7 (Reuters) - Wolfspeed Inc WOLF.N:

WOLFSPEED INC - TO REDUCE HEADCOUNT BY APPROXIMATELY 180 EMPLOYEES

WOLFSPEED INC: IN Q3 OF FY2025, EXPECTS TO TAKE A ONE-TIME CHARGE RELATING TO A LITIGATION SETTLEMENT

WOLFSPEED INC: HAS RECEIVED ITS CONDITIONAL CERTIFICATE OF OCCUPANCY FOR SILER CITY MATERIALS FACILITY

WOLFSPEED INC - TARGETS FY2026 CAPITAL EXPENDITURES OF $150 MILLION-$200 MILLION

WOLFSPEED INC - TARGETS FY2027 CAPITAL EXPENDITURES OF $30 MILLION-$50 MILLION

WOLFSPEED INC: RECONFIRMING BUSINESS OUTLOOK FOR THE THIRD QUARTER OF FY2025

WOLFSPEED INC: CONTINUES TO WORK ON POTENTIALLY SECURING FEDERAL GRANT FUNDING AND ACCELERATING PAYMENT OF 48D CASH TAX REFUNDS

WOLFSPEED : REDUCING HEADCOUNT BY ABOUT 180 EMPLOYEES, PRIMARILY IN MATERIALS OPERATIONS, AT BOTH THE DURHAM AND SILER CITY LOCATIONS

Source text: [ID:n0000895419-25-000032]

Further company coverage: WOLF.N

 (Reuters.Briefs@thomsonreuters.com)