<p>➀ STMicroelectronics is considering a 6% workforce reduction through early retirements and attrition; </p><p>➁ The cuts could affect up to 2000 to 3000 people out of a workforce of 50,000; </p><p>➂ The company is aiming to reduce its cost base and planning an early retirement programme, mainly affecting sites in Italy and France.</p>
Related Articles
- Most Read – Anti-dumping, ST, ADIOS Electronics, UK-US24 days ago
- 1.6kV IGBT for cookers and microwaves4 months ago
- Most Read – Andy Grove, Smallest MCU, ST China fab7 months ago
- Cryptographic accelerators for MCUs7 months ago
- ST and Sanan Opto inaugurate jv SiC fab in China7 months ago
- Buck converter claimed to have 90% efficiency8 months ago
- Italians looking to replace ST’s French CEO reports French newspaper8 months ago
- STMicroelectronics: Fixed Contracts Lead to Dramatic Decline in MCU Sales11 months ago
- MOSFET enhances noise immunity in power systems11 months ago
- Galvanic gate drivers for SiC/IGBT with flexible protections11 months ago