Micron Layoffs

Industry Hardware · Location Boise · United States · Subscribe (RSS)

3
Layoff rounds
7,500
Employees laid off
Post-IPO
Funding stage
$50M
Total raised
MU $864.01 ▼ 13.25%
close June 5, 2026

Micron has 3 publicly reported layoff rounds on record between January 1, 2023 and August 12, 2025. A total of about 7,500 employees were affected across these rounds.

Layoff history

August 12, 2025
Micron cut 300 employees
300 laid off Location Boise MU +3.26% that day, -2.72% next day

Micron cut more than 300 jobs in China in August 2025, concentrating the reductions in Shanghai, Shenzhen, and Xian as the company exited the global mobile NAND memory market. The chipmaker cited prolonged weakness in the mobile NAND segment and slower growth compared with other parts of its NAND portfolio as the rationale. Affected roles spanned application engineering, embedded R&D, testing, and support teams. Micron said it would stop developing new mobile NAND products worldwide, including canceling its UFS5 program, and shift focus toward solid-state drives, automotive memory, and mobile DRAM. One unnamed employee told the South China Morning Post the company offered generous compensation packages to mainland staff who departed voluntarily.

Reason: Exit from global mobile NAND market due to poor financial performance

Source: scmp.com

February 17, 2023
Micron cut 2,400 employees (5% of staff)
2,400 laid off 5% of workforce Location Boise MU -1.73% that day, -2.39% next day

Micron disclosed a workforce reduction affecting its Boise operations in February 17, 2023. Approximately 2,400 roles were eliminated.

Source: ktvb.com

January 1, 2023
Micron cut 4,800 employees (10% of staff)
4,800 laid off 10% of workforce Location Boise MU +0.78% that day, +7.6% next day

A steep drop in demand and falling prices for memory chips led Micron to say, around the start of 2023, that it would reduce its workforce by about 10% over the course of the year. The memory-chip maker did not stop at headcount. It also suspended bonuses, trimmed executive pay and cut capital spending. The combination was meant to carry the company through one of the worst downturns the memory industry had seen in years.

Reason: A severe slump in memory-chip demand and pricing.

Source: forbes.com

Data for Micron is compiled from public WARN Act filings and reporting linked above. See our methodology.