➀ Infineon has announced plans to lay off 1400 employees globally in August, with regional layoffs being announced. The latest official document from the California government shows that over 100 positions are to be cut in Silicon Valley, including Infineon. ➁ The layoffs are mainly from semiconductor giant Infineon and video surveillance cloud provider Hanwha Vision America, affecting the tech industry in San Jose, Santa Clara, and Milpitas. ➃ Infineon Technologies Americas will lay off 105 people in the Bay Area on October 11th, with 104 in San Jose and 1 in Milpitas.