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Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Outbyte Driver Updater FREEFix the driver behind crashes, sound loss and screen glitchesFind Drivers →Texas Instruments announced a plan on June 18, 1998, to eliminate about 3,500 jobs worldwide. It was a restructuring tied to weak semiconductor-market conditions and TI’s exit from the memory business—not a new layoff announcement in 2026. The target included voluntary departures, attrition, outsourcing and facility closures as well as layoffs.
When did Texas Instruments announce the job cuts?
TI announced the restructuring on June 18, 1998. The company said the job eliminations would take place over the following months and affect its workforce around the world. Texas Instruments’ company history and contemporaneous coverage date the announcement to 1998.
Why did TI plan to eliminate 3,500 jobs?
TI cited weak conditions in the semiconductor market, earlier business divestitures and its decision to leave the dynamic random-access memory (DRAM) business. The company said it wanted to bring support-function costs into line with its overall scale and combine manufacturing resources more efficiently. Contemporaneous reporting by The New York Times described the announced cuts and restructuring rationale.
Were all 3,500 cuts involuntary layoffs?
No. The 3,500 figure was an approximate worldwide target for jobs to be eliminated, not a confirmed count of involuntary layoffs. TI said the plan could use several methods:
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- Makes understanding math and science topics quicker and easier — ideal for middle school through college
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- Graph in vibrant colors to make faster, stronger connections. Powered by a TI Rechargeable Battery that can last up to one month on a single charge.
- 4-year subscription for the TI-84 Plus CE online calculator included with purchase
- Lightweight yet durable enough to withstand the demands of the classroom year after year
- Voluntary programs
- Attrition
- Outsourcing
- Layoffs
- Closures of several facilities
TI did not provide a breakdown of how many jobs would be affected by each method, so the number of actual layoffs cannot be derived from the 3,500 target.
How was the restructuring connected to Micron?
The restructuring was announced as TI exited the memory business. TI agreed to sell its memory operation to Micron Technology; contemporaneous reporting put the consideration at approximately $800 million in common stock and assumed debt. The sale formed part of the strategic shift that accompanied the workforce and manufacturing changes. The Washington Post’s 1998 report covered the Micron transaction.
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- Fundamental, two-line calculator that combines statistics and advanced scientific functions for high school math and science
- Two-line display shows the entry and calculated result at the same time for easy understanding of the calculation
- Fraction features, conversions, and basic scientific and trigonometric functions
- Solar and battery powered
- Approved for use on SAT, ACT and AP exams
What savings and costs did TI report?
TI projected $270 million in ongoing annual pretax savings from the restructuring. In the second quarter of 1998, it recorded a $233 million pretax restructuring charge, including severance, asset write-offs and vendor and lease costs. These are different measures: the charge was a cost recognized for the restructuring, while the savings figure was an annual projection.
| Item | Amount | What it represents |
|---|---|---|
| Projected savings | $270 million | Estimated ongoing annual pretax savings announced by TI in 1998. |
| Restructuring charge | $233 million | TI’s second-quarter 1998 pretax charge. |
| Severance | $161 million | Component of the second-quarter charge. |
| Asset write-offs | $55 million | Component of the second-quarter charge. |
| Vendor cancellation and lease costs | $17 million | Component of the second-quarter charge. |
The listed charge components total $233 million. The savings estimate was a projection, not evidence that TI ultimately realized that amount.
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- Color Screen. The screen size is 320 x 240 pixels (3.5 inches diagonal) and the screen resolution is 125 DPI; 16-bit color
- Rechargeable battery included. Can last up to two weeks on a single charge
- Handheld-Software Bundle. Includes the TI-Inspire CX Student Software delivering enhanced graphing capabilities and other functionality.
- Thin Design and lightweight with easy touchpad navigation.Quick alpha keys
- Six different graph styles and 15 colors to select from for differentiating the look of each graph drawn
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- Ideal for curricula in which graphing technology may not be permitted.
- MultiView display shows multiple calculations at the same time on screen.
- MathPrint shows math expressions, symbols and stacked fractions as they appear in textbooks
- Ideal for high school through college: Algebra 1 & 2, Geometry, Trigonometry, Statistics, Calculus, Biology, etc.
- Convert fractions, decimals and terms including Pi into alternate representations.
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- View multiple calculations at the same time: Compare results and explore patterns on-screen with the MultiView display that supports up to four lines
- See math exactly as it appears in textbooks: Display math expressions, symbols and stacked fractions exactly the way they appear in textbooks — no need to adapt to a technical syntax; provides quick access to frequently used functions
- Scientific notation output: View scientific notation with the proper superscripted exponents and see the output in scientific notation
- Explore (x,y) table of values: Students can easily explore an (x,y) table of values for a given function automatically or by entering specific x values
- The TI-30XS MultiView scientific calculator is ideal for general math, Pre-Algebra, Algebra 1 and 2, Geometry, Statistics, general science, Biology and Chemistry
What the 3,500 figure does—and does not—tell you
- It refers to a worldwide job-elimination plan announced in June 1998.
- It combines multiple workforce-reduction methods; it is not the number of confirmed layoffs.
- The announced figures do not specify the geographic, facility-by-facility or method-by-method allocation.
- The plan was linked to TI’s operating-cost and manufacturing changes during its exit from memory chips.
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