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Summary by peoplematters.in
STMicroelectronics, the Franco-Italian semiconductor giant, will see 5,000 employees leave the company over the next three years, its Chief Executive Officer Jean-Marc Chery confirmed on Wednesday. The revelation came during Chery’s remarks at an event hosted by BNP Paribas in Paris, where he elaborated on the firm’s ongoing cost-cutting efforts amid a sluggish global semiconductor market. The figure includes 2,800 job cuts already announced ear…
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peoplemattersglobal.com broke the news in on Monday, June 2, 2025.
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