Synopsys announces layoffs of approximately 10% of its workforce.

Synopsys, a major U.S. EDA (Electronic Data Automation) company, announced it will lay off approximately 10% of its workforce, or about 2,000 employees, as it seeks to reallocate investments to growth opportunities. This comes after Synopsys completed its $35 billion (approximately RMB 248.9 billion) cash-and-stock acquisition of engineering design firm Ansys earlier this year, and its third-quarter revenue, announced in September, missed analysts' expectations.