Inactive Instrument

Xilinx, Inc.

XLNX

US9839191015

XILINX INC : Results of Operations and Financial Condition, Costs Associated with Exit or Disposal Activities, Financial Statements and Exhibits (form 8-K)

January 28, 2020 at 09:39 pm

Item 2.02 Results of Operations and Financial Condition On January 28, 2020, Xilinx, Inc. (the "Company") issued a press release announcing results for the fiscal quarter ended December 28, 2019. A copy of this press release is furnished as Exhibit 99.1 to this report.

Item 2.05 Costs Associated with Exit or Disposal Activities

On January 28, 2020, the Company announced cost-savings measures designed to drive structural operating efficiencies across the Company, including a targeted global reduction in force by the fourth quarter of fiscal year 2020. As a result of this reduction, the Company expects to incur a pre-tax charge of approximately $25.0 million to $30.0 million in the fourth quarter of fiscal 2020 primarily related to severance pay expenses.

Item 9.01 Financial Statements and Exhibits



(d) Exhibits


 Exhibit No.         Description

        99.1         Press release of Xilinx, Inc. dated January 28, 2020
         104         Cover Page Interactive Data File (the Cover Page XBRL tags
                     are embedded within the Inline XBRL document)

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Company Profile

Xilinx, Inc. (Xilinx) is engaged in designing and developing programmable devices and associated technologies. The Company's programmable devices and associated technologies include integrated circuits (ICs) in the form of programmable logic devices (PLDs), including programmable System on Chips (SoCs), three-dimensional ICs (3D ICs) and Adaptive Compute Acceleration Platform (ACAP): an integrated multi-core heterogeneous compute platform; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP), which consists of Xilinx and various third-party verification and IP cores. The Company provides design services, customer training, field engineering and technical support. Its PLDs include field programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs) and programmable SoCs.

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