Layoff Details
- Reason
- STMicroelectronics implemented a voluntary separation program affecting 2,800 employees, aligning its workforce with anticipated market slowdowns. This restructuring is aimed at adapting to changing market conditions in the semiconductor industry.
Recent Stmicroelectronics N.V. News
STMicroelectronics N.V. stock (NL0000226223): earnings miss and sharp pullback put guidance in focus - AD HOC NEWS
AD HOC NEWS • May 18
STMicroelectronics NV (OTCM:STMEF) Stock Price & 30 Year Financial Data - GuruFocus
GuruFocus • May 14
STMicroelectronics to Post Q1 Earnings: What's in Store for the Stock? - Yahoo Finance
Yahoo Finance • Apr 20
STM News | STMICROELECTRONICS NV-NY SHS (NYSE:STM) - ChartMill
ChartMill • May 13
Company Info
- Industry
- Semiconductors
- Sector
- Technology
- Headquarters
- Schiphol, Netherlands
- CEO
- Mr. Jean-Marc Chery
- Employees
- 49,602
Event Snapshot
Employees Affected 2,800
Verification UNVERIFIED
No other canonical layoff events recorded for this company.
Financials
Market Cap $22.90B
Disclaimer
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