Tech Companies Scuttle Travel Over Coronavirus Concerns

Date : 02/28/2020 @ 9:15PM
Source : Dow Jones News
Stock : Facebook Inc (FB)
Quote : 165.55  0.0 (0.00%) @ 12:00PM
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Tech Companies Scuttle Travel Over Coronavirus Concerns

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By Sebastian Herrera and Microchip Technology Inc. are among tech companies cutting back on employee travel over concern about the spreading coronavirus.

Amazon said it has asked employees to defer all non-essential travel. Facebook Inc. this week cancelled a developers conference and Microsoft Corp. said it was joining others in not participating in the videogame industry's annual developer conference known as GDC

Microchip Technology, which makes electronic components for everything from satellites to data centers, said it would scrap participation in investor conferences this quarter, including a Morgan Stanley Technology, Media and Telecom event planned for next week.

"We have taken precautionary steps to help ensure the health and safety of our employees and to control the impact on Microchip's operations," Microchip Chief Executive Steve Sanghi said Friday.


Write to Sebastian Herrera at


(END) Dow Jones Newswires

February 28, 2020 16:00 ET (21:00 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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