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Texas Instruments lays off 517 in France
Big cuts at Texas Instruments in France. The majority of staff at the R&D facility in Villeneuve-Loubet will be laid off in the coming months.
In France, the company employs 609 people (547 in Villeneuve-Loubet), French media reports. Of those 517 - mostly engineers - will be laid off. The remaining 30 in Villeneuve-Loubet will complete ongoing projects. The site will eventually be sold, the reports continue.
The facility in Villeneuve-Loubet was primarily dedicated to developing OPAM microprocessors used in smartphones and tablets. In November, chip manufacturer TI announced that it would reduce its worldwide workforce by 1'700.
