The solid-state drive sector declined last year as demand for memory components fell in both the consumer and server segments, forcing the three largest memory manufacturers – SK Hynix, Samsung and Micron – to increase NAND production throttle. Now the consequences of this downturn have also hit SSD providers: Solidigm reported that the company was forced to lay off some employees.
Solidigm, a former Intel solid-state drive division that is part of SK Hynix, confirmed this to the resource AnandTech, which was recently forced into a series of layoffs. She described the incident as “moderate” Staff cuts but declined to provide further details.
“Due to the long-term downturn in the semiconductor industry and its impact on market conditions, Solidigm has reduced its workforce. The company offers support and severance pay to departing colleagues. We are extremely grateful to our team members who have made significant contributions during their time at Solidigm. We will miss them very much.– reported the company.
Solidigm does not disclose the new number of its employees, but it is known that as of September 2022 the company had more than 2,000 employees in 20 offices around the world. The branch in South Korea was closed and third-party contractors took over sales in the country. It is possible that the layoffs affected management, marketing and sales specialists. Solidigm inherited its human resources from Intel’s NAND division – the parties agreed on a takeover in 2020, and the first part of the deal was completed at the end of 2021.