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France Said to Clash With STMicroelectronics Over Strategy
2015-08-01 14:11:33| Semiconductors - Topix.net
STMicroelectronics NV and its French state owner are headed for collision over a strategy that includes possible job cuts at Europe's biggest semiconductor maker, according to people familiar with the matter. Chief Executive Officer Carlo Bozotti's turnaround plan for the digital unit, which makes chips used in set-top boxes and smartphone sensors, entails cutting hundreds of positions in France and elsewhere out of a workforce of about 2,500, the people said, asking not to be identified discussing private deliberations.
Tags: france
strategy
clash
stmicroelectronics
Category:Electronics and Electrical
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