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 NV (0INB): New Sell Recommendation for This Technology Giant - The Globe and Mail
The Globe and Mail • Jan 9
The Truth About STMicroelectronics N.V.: Why This ‘Invisible’ Chip Giant Is Suddenly Everywhere - AD HOC NEWS
AD HOC NEWS • Jan 11
Hardman Johnston Global Equity Added STMicroelectronics N.V. (STM) in Q3 - Yahoo Finance
Yahoo Finance • Dec 29
STMicroelectronics: Likely Undervalued, But Recovery Will Take Time (NYSE:STM) - Seeking Alpha
Seeking Alpha • Dec 26
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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