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Market Chatter: STMicroelectronics Said to Consider Up to 3,000 Job Cuts
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Market Chatter: STMicroelectronics Said to Consider Up to 3,000 Job Cuts
Jan 31, 2025 4:57 AM

07:25 AM EST, 01/31/2025 (MT Newswires) -- STMicroelectronics NV ( STM ) is considering job cuts in the range of 2,000 to 3,000, or 6% of its workforce, Bloomberg reported Friday, citing people familiar with the matter.

STMicroelectronics ( STM ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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