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.
(10 - 33) Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
New offshoring locations
Singapore
1,000 jobs Number of planned job losses
Announcement Date
30 April 2025
Employment effect (start)
30 April 2025
Foreseen end date
31 December 2026
Description
STMicroelectronics will implement workforce reductions in Italy as part of its global restructuring plan affecting approximately 2,800 employees worldwide. The Italian government is seeking to limit domestic job cuts to around 1,000 positions while pushing for equivalent reductions in France.
The semiconductor company employs 12,700 people in Italy, making it one of the country's largest technology employers. Italian trade unions are currently engaged in ongoing discussions with management regarding the implementation of these workforce adjustments.
Tensions have emerged between STMicroelectronics and the Italian government, which holds a 27.5% stake in the company jointly with France. Rome has withdrawn support for CEO and is pushing for greater influence in company decisions, including board representation.
Eurofound (2025), STMicroelectronics, Offshoring/Delocalisation in Italy, factsheet number 203065, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203065.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
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