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Stock Market & Financial Investment News

News Breaks
June 12, 2014
04:55 EDTMXL, MXL, MXL, MXLMaxLinear management to meet with Needham
Meetings to be held in New York on June 16, in the Mid-Atlantic area on June 17 and in New York on June 18 hosted by Needham.
News For MXL From The Last 14 Days
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March 19, 2015
13:52 EDTMXLMaxLinear terminates 23 employees in Shanghai facility
Effective on March 13, we terminated 23 research and development employees in our facility in Shanghai, China. We expect to shift certain of the research and development activities that previously took place in Shanghai to other facilities in India and the United States, where we have experienced more success in achieving scalability, resource flexibility, productivity and efficiency. In addition, we currently expect to recognize associated non-recurring severance charges of approximately $600,000 in the quarter ending March 31 related to these Shanghai terminations.

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