Microchip Technology announced it has engaged Macquarie Group to oversee the marketing and sale of its wafer fabrication facility (“Fab 2”) located in Tempe, Arizona. This decision is part of Microchip's previously announced manufacturing restructuring plan supporting its strategic goal of enhancing operational efficiency and profitability. The Fab 2 site, which … [More]
CRE Development Co. Adds Industry Veteran to Lead New Hospitality Division
Plaza Companies is expanding its presence in the hospitality industry with the formation of a new arm of the business to pursue hotel and lodging projects. The new division will build off Plaza’s success with mixed-use, office, bioscience, medical, and senior living properties, and comes fresh off the launch of the new Home2 Suites/Tru by Hilton hotels at the company’s Park … [More]
1 in 4 Companies Say AI Skills Protect Workers from Layoffs
As companies navigate economic uncertainty, many are making tough workforce decisions — including hiring freezes, slowdowns, and layoffs. To better understand how businesses are approaching staffing changes and the role of AI skills in job security, AI Resume Builder surveyed 1,000 U.S. managers in March 2025. Key findings: 17% of companies have implemented a hiring … [More]
