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People Matters - Interstitial Site — People Matters
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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Flipkart, the Walmart-backed ecommerce player, is ramping up its hiring and innovation engines as it navigates a fast-changing digital retail landscape. In a recent internal townhall dubbed Flipster Connect, CEO Kalyan Krishnamurthy and CHRO Seema Nair announced plans to onboard at least 5,000 new employees in 2025. Most of these roles will be tied to its growing quick commerce platform, Flipkart Minutes, and its fintech arm, Super.money. The hi…
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