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Data storage stocks led the S&P 500 in 2025, with SanDisk up 560%+ to become the top performer, followed by Western Digital in second and Seagate in fourth (Carmen Reinicke/Bloomberg)

Carmen Reinicke / Bloomberg : Data storage stocks led the S&P 500 in 2025, with SanDisk up 560%+ to become the top performer, followe...

25 February 2025

Filing: ON Semiconductor plans to cut 2,400 employees, or 9% of its workforce, with charges related to the layoffs expected to cost around $50M to $60M (Katherine Hamilton/Wall Street Journal)

Katherine Hamilton / Wall Street Journal:
Filing: ON Semiconductor plans to cut 2,400 employees, or 9% of its workforce, with charges related to the layoffs expected to cost around $50M to $60M  —  Charges related to the layoffs are expected to cost around $50 million to $60 million and be recorded in 2025

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