The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture of electrical, electronic and optical products Manufacture of computer, electronic and optical products 26.11 - Manufacture of electronic components
2,800 jobs Number of planned job losses
Announcement Date
10 April 2025
Employment effect (start)
10 April 2025
Foreseen end date
10 April 2028
Description
The Franco-Italian semiconductor STMicroelectronics has announced plans to cut up to 2,800 jobs globally over the next three years as part of a major restructuring of its manufacturing operations.
The restructuring will affect sites in France, Italy, Malta, and Singapore. The workforce reduction will be carried out exclusively through voluntary measures in consultation with employee representatives. The move comes as ST aims to modernize its facilities, increase automation, and improve efficiency.
Despite the layoffs, the company is continuing to invest in strategic sites across Europe, including major expansions in Agrate and Catania, Italy, and Crolles, France. The restructuring is part of ST's broader strategy to streamline operations and deliver cost savings amid challenging conditions in the automotive and industrial semiconductor markets.
The group has 14 production sites (Italy, France, Singapore, Sweden, Morocco, Philippines, Malaysia, China) and employs 49,600 people worldwide.
UPDATE 30/04/2025:
It is announced that STMicroelectronics plans to cut about 1,000 jobs in France, as part of a global restructuring plan. The company intends to do this through a voluntary redundancy program.
Eurofound (2025), STMicroelectronics, Internal restructuring in World, factsheet number 202674, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202674.
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