Synopsys Plans 10% Job Cuts After Ansys Deal Closure (reuters.com)
(Wednesday November 12, 2025 @10:30PM (msmash)
from the more-pain dept.)
An anonymous reader shares a report:
> Synopsys will [1]lay off about 10% of its workforce , or roughly 2,000 employees, as the chip-design software maker looks to redirect investment towards growth opportunities, according to a regulatory filing on Wednesday. The move comes after the company completed its [2]$35 billion cash-and-stock acquisition of engineering design firm Ansys earlier this year and missed analysts' estimates for third-quarter revenue in September.
[1] https://www.reuters.com/business/world-at-work/synopsys-cut-about-10-its-workforce-2025-11-12/
[2] https://slashdot.org/story/24/01/16/1413236/chip-software-firm-synopsys-agrees-to-buy-ansys-for-35-billion
> Synopsys will [1]lay off about 10% of its workforce , or roughly 2,000 employees, as the chip-design software maker looks to redirect investment towards growth opportunities, according to a regulatory filing on Wednesday. The move comes after the company completed its [2]$35 billion cash-and-stock acquisition of engineering design firm Ansys earlier this year and missed analysts' estimates for third-quarter revenue in September.
[1] https://www.reuters.com/business/world-at-work/synopsys-cut-about-10-its-workforce-2025-11-12/
[2] https://slashdot.org/story/24/01/16/1413236/chip-software-firm-synopsys-agrees-to-buy-ansys-for-35-billion