North Carolina chipmaker Wolfspeed to lay off hundreds of workers at Durham campus [Yahoo! Finance]
Wolfspeed, Inc. New (WOLF)
Company Research
Source: Yahoo! Finance
move expected to eliminate hundreds of jobs near North Carolina's Research Triangle Park. As of June, Wolfspeed employed around 5,000 total workers, with more than 3,000 based locally. The majority of the upcoming layoffs will impact workers in North Carolina, the company confirmed. Lowering spending has been a priority for Wolfspeed as investors expressed concerns over the chipmaker's long-term liquidity. Before this week's layoffs, the company had reduced about 10% of its total staff in the past few months through attrition and voluntary exit agreements. Wolfspeed spokesperson Kris Camacho said the company will notify workers impacted by the layoffs over the next few days. Formed in 1987 under the name Cree, Wolfspeed has pivoted in the past five years away from producing LED lights toward exclusively making a unique semiconductor material called silicon carbide, which powers appliances like electric vehicles, defense equipment and energy storage units. Wolfspeed has pioneer
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News
- Wolfspeed: Full Production Ramp Ripe For Automotive Scaling [Seeking Alpha]Seeking Alpha
- If You'd Invested $10,000 in Wolfspeed 3 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]Yahoo! Finance
- ????? ( SiC )???????? - ??????????????????2026-2035? [CNET News]CNET News
- Wolfspeed (WOLF): Assessing Valuation After a 27% One-Month Share Price Rebound [Yahoo! Finance]Yahoo! Finance
- Wolfspeed Powers Toyota’s Electric Vehicle Platforms with Highly Reliable Silicon Carbide ComponentsBusiness Wire
WOLF
Earnings
- 5/8/25 - Beat
WOLF
Sec Filings
- 12/19/25 - Form 4
- 12/19/25 - Form 4
- 12/19/25 - Form 4
- WOLF's page on the SEC website