Tech

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)




King Ian / Bloomberg:

Micron reported a ~47% year-over-year drop in Q1 revenue to $4.09 billion and plans to reduce its workforce by ~10% next year; Micron has 48,000 employees as of September 2022— Micron Technology Inc., the largest U.S. memory chip maker, offers a lackluster revenue outlook for the current period…

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