Electronics Production |
STMicro to lay off at Phoenix facility
Switzerland based chip maker STMicroelectronics is to lay off staff at its Phoenix, Arizona facility.
Local newsreports state that the chip maker will lay off 100 staff. The facility - which currently employs around 850 staff - will expercience an ongoing lay off process. azcentral cites spokesman Mike Michael Markowitz in saying that "about 100 of the plant's 850 workers were let go this week and that the process would continue".
Last year, the company announced closure plans for 3 American chip facilities and that chip manufacturing would be transferred to low-cost locations. Staff and management hoped for a buyer to keep the plant open.
