<p>➀ Analog Devices plans to lay off 9% of its workforce, approximately 2,400 people, due to decreased demand and revenue.</p><p>➁ The company had 26,400 formal employees as of mid-February, and the layoffs are expected to save $105 million to $115 million annually.</p><p>➂ CEO Hassane El-Khoury is working to optimize financial scale while pushing for innovation to maintain competitiveness in the AI boom.</p>