Semtech Announces Restructuring Activity; To Cut 6% of Jobs as Previously Announced; Company Expects to Reduce Operating Expenses by $35M for FY15

Semtech Corporation (Nasdaq: SMTC ), a leading supplier of analog and mixed-signal semiconductors, today announced a reduction in its workforce by approximately 6 percent as part of a previously announced restructuring effort that is expected to strengthen its focus and increase future operating efficiencies. As a result of these