Technology

Micron reports Q1 revenue down ~47% YoY to $4.09B and plans to reduce its workforce by ~10% over the next year; Micron had 48,000 employees in September 2022 (Ian King/Bloomberg)


Ian King / Bloomberg:

Micron reports Q1 revenue down ~47% YoY to $4.09B and plans to reduce its workforce by ~10% over the next year; Micron had 48,000 employees in September 2022  —  Micron Technology Inc., the largest US maker of memory chips, gave a lackluster revenue outlook for the current period …


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