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Core Viewpoint - Texas Instruments announced layoffs at its Lehi, Utah plant as part of a restructuring plan to support long-term operational efficiency, including new factory construction and capacity expansion [1] Group 1: Layoff Details - The layoffs are aimed at enhancing operational efficiency and are directly related to the company's expansion plans [1] - The company did not disclose the exact number of affected employees but indicated that it is below the WARN notification threshold, suggesting the layoffs involve less than 33% of the workforce, likely in the hundreds [1] Group 2: Expansion Plans - Texas Instruments has secured $1.61 billion in funding from the U.S. government under the CHIPS Act to build a second 300mm wafer fabrication plant [1] - The layoffs may be a strategic move to consolidate resources and ensure efficient operations once the new factory is operational [1]