STMicro assures Rome it will maintain jobs in Italy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 15 2025
0mins
Source: Reuters
STMicroelectronics Job Security: The chipmaker STMicroelectronics has pledged not to cut jobs at its Agrate plant in Italy, following discussions with the Italian government and trade unions aimed at preventing mass layoffs.
Future Plans and Collaboration: The company announced a plan for voluntary departures instead of redundancies and indicated potential expansion of the Agrate site after 2027, contingent on market conditions and a feasibility study.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
