Overview

• STMicroelectronics will implement approximately 1,000 voluntary job cuts in France as part of a global plan targeting 2,800 departures by 2027.
• The company has committed to no forced layoffs or site closures, offering internal and external mobility options for affected employees.
• The announcement follows a sharp financial decline, with Q1 2025 revenue dropping 27% year-on-year and operating profit falling 99%.
• Unions, including CFDT, have raised concerns about insufficient training and support measures for remaining employees.
• The restructuring highlights broader challenges for Europe's semiconductor industry, including dependency on imports and competitive pressures from the U.S. and Asia.