Management announces the abolition of 1,000 jobs in France – Liberation
The semiconductor manufacturer Stmicroelectronics announced to representatives of its employees, during a social and economic committee (CSE) Tuesday, April 28, the abolition of around 1,000 positions in France. A project implemented « On the basis of volunteering »according to a shared press release at Here Touraine. « There will be no constrained departure and no site will be closed as part of this project », thus ensures the company.
Two weeks earlier, on April 10, the group had already announced its intention to remove up to « Up to 2,800 » Jobs on its 50,000 employees around the world. In France, the company has 11,500 employees spread over various sites, mainly in Grenoble and Crolles (Isère).
Sandy Bel, CGT Stmicroelectronics CGT Union delegate, denounces a decision « Scandalous » And calls on the group’s employees to join the May 1 events.
« With 1,000 voluntary departures, 2,500 internal mobility, and the natural attrition of around 300 people, there will be only a quarter of the current workforce on French microelectronics sites »Sandy Bel alert. Group employee for twenty-five years, she requires more transparency from management. Because the CSE of Tuesday left the employees in the expectation. « We have no departure figures by sites, we know that certain activities will stop, that technologies will be transferred, but everything remains vague. »
Asked about her personal concern, Sandy Bel prefers to insist on her indignation. « After having touched several billion subsidies and paid millions of dividends to shareholders, it is scandalous that Stmicroelectronics removes jobs! » The Crolles factory is supposed to receive aid of 2.9 billion euros as part of the France 2030 plan. More than half of the 5.5 billion aid announced in 2023 for the development of this strategic sector.
Despite these financial support, the company encounters difficulties. The slowdown in the electric automobile market, which represents 40 % of its turnover, plunged it into a period of economic uncertainty from which it struggles to get out. On January 30, 2025, Stmicroelectronics announced a net profit for the year 2024 dropped by 63 % compared to the previous year, but almost 1.4 billion euros all the same. In order to straighten the bar, the group announced in early October a project of « Removing its industrial footprint and resizing of its overall cost base »a tortuous expression to signify a reduction in the workforce and a decrease in operating costs.
In addition, Stmicroelectronics is faced with increasing tensions between its coactionitians. France and Italy jointly control 27.5 % of the shares, but hold different positions on the governance of the company and its CEO, the Frenchman Jean-Marc Chéry, who lost the support of the Italian government in April.
