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Layoffs at STMicro: 6,000 workers here to learn their fate soon
Thu, Jan 29, 2009
The Straits Times

By Ananya Roy

MORE than 6,000 employees of European semiconductor giant STMicroelectronics in Singapore will soon learn if they are to be hit by the company's plans to retrench some 10 per cent of its 45,000-strong global workforce this year.

The company is grappling with dwindling tech spending worldwide.

A company spokesman told The Straits Times yesterday there are more than 6,000 workers in Singapore, but said that it was 'premature' to comment on the impact, if any, of the proposed job cuts.


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