Story perspectives

FormFactor to Lay Off 200 Amid Facility Closures

1/10/2026

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Summary

Story summary

FormFactor, a Livermore-based semiconductor testing equipment company, will lay off over 200 workers and close Baldwin Park and Carlsbad facilities due to rising import taxes.
The Baldwin Park site will close January 30, costing 113 jobs.
Carlsbad will shut down in mid-December, affecting 107 positions.
The move aims to restructure and improve margins amid economic uncertainty.
FormFactor's stock has risen 16% since January and trades above $67 per share.

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Story summary

FormFactor, a Livermore-based semiconductor testing equipment company, will lay off over 200 workers and close Baldwin Park and Carlsbad facilities due to rising import taxes.
The Baldwin Park site will close January 30, costing 113 jobs.
Carlsbad will shut down in mid-December, affecting 107 positions.
The move aims to restructure and improve margins amid economic uncertainty.
FormFactor's stock has risen 16% since January and trades above $67 per share.