NYSE-listed STMicroelectronics NV (STM) shares slipped over 2% in morning trade on Wednesday after Bloomberg reported that ...
Italy seeks to oust STM CEO for failing to improve company prospects. Rome and Paris hold 27.8% stake. STMicroelectronics ...
Italy’s government wants to replace Jean-Marc Chéry, the man at the helm of Franco-Italian chipmaking joint-venture ...
Italy wants to replace STMicroelectronics CEO Jean-Marc Chery for poor performance amid a slump in chip demand, Bloomberg’s Donato Paolo Mancini and Tommaso Ebhardt report. Acco ...
STMicroelectronics (STMicro), a Franco-Italian chipmaking joint venture, is navigating significant pressures due to a ...
Jan 31 (Reuters) - French-Italian computer chip maker STMicroelectronics (STMPA.PA), opens new tab is considering cuts of up to 6% of its workforce or 3,000 workers in its French and Italian ...
Franco-Italian chipmaker STMicroelectronics is considering reducing its workforce by up to 3,000 employees in France and Italy, Bloomberg reported citing sources. This move is said to be part of a ...
The Italian government, which along with France owns a 27.5% stake in STMicroelectronics, is looking for ways to lessen the restructuring's impact on the Italian workforce.
STMicroelectronics plans to cut up to 3,000 jobs in Italy and France as demand weakens in industrial and auto sectors. STM Q4 revenue beat at $3.32B, but EPS missed, margins fell, and Q1 outlook ...