Maxlinear (MXL) just unveiled an announcement.
MaxLinear, Inc. has initiated cost-cutting measures, which include a global reduction of its workforce. This restructuring led to the elimination of the General Counsel and Chief Compliance Officer position on August 21, 2024. Despite the position cut, the current officer holding the role has agreed to stay on for some time to help transition their duties and responsibilities.
Learn more about MXL stock on TipRanks’ Stock Analysis page.
