The restructuring could eliminate up to 2,800 jobs as chip design giant integrates engineering simulation firm.

Synopsys to cut 10% of workforce, redirect resources to higher-growth areas after missing revenue estimates. SNPS stock up 1.11% at $399.98.

Synopsys is planning to cut its workforce by around ten percent as part of a restructuring plan. According to a regulatory ...

Synopsys will lay off about 10% of its workforce, or roughly 2,000 employees, as the chip-design software maker looks to ...

The company said the majority of the job cuts will occur during its fiscal 2026, which began Nov. 1. It expects to ...

A Canonsburg-based simulation software firm that employs thousands of local residents will be acquired by another publicly traded company in a huge deal worth $35 billion. Ansys, which has operated in ...

Ansys Government Initiatives (AGI), an Ansys (NASDAQ:ANSS) company, is supporting Northrop Grumman in developing, testing, and delivering a Deep-Space Advanced Radar Capability (DARC) in support of ...

Global food product manufacturer Mars Inc. is partnering with Pittsburgh-based engineering software company Ansys in which Mars will adopt simulation software that could “reimagine” its packaging ...

Elite athletes have had to rely on a bedrock of skill and sheer determination going back to the first Olympics in 776 B.C., but a little science is now part of the equation. There’s perhaps no greater ...

Two of the engineering software market’s largest players are set to join forces in a $35 billion cash-and-stock deal. Synopsys Inc., which makes chip design software, today announced that it will pay ...

PITTSBURGH, Feb. 25, 2020 /PRNewswire/ -- With the release of Ansys ® RaptorH™, Ansys (NASDAQ: ANSS) will empower engineers to accelerate and improve 5G, three-dimensional integrated circuit (3D-IC) ...