Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
STMicroelectronics will implement workforce reductions in Italy as part of its global restructuring plan affecting approximately 2,800 employees worldwide. The Italian government is seeking to limit domestic job cuts to around 1,000 positions while pushing for equivalent reductions in France.
The semiconductor company employs 12,700 people in Italy, making it one of the country's largest technology employers. Italian trade unions are currently engaged in ongoing discussions with management regarding the implementation of these workforce adjustments.
Tensions have emerged between STMicroelectronics and the Italian government, which holds a 27.5% stake in the company jointly with France. Rome has withdrawn support for CEO and is pushing for greater influence in company decisions, including board representation.
Update, 16/09/2025: STMicroelectronics has withdrawn plans for over 1,000 redundancies following high-level government intervention. The announcement came during a Ministry meeting in Rome attended by Economy Minister and Enterprise Minister, alongside company executives and trade unions.
Regional Development Assessor stressed the need for medium-term planning involving company, unions, and government stakeholders.
Eurofound (2025), STMicroelectronics, Offshoring/Delocalisation in Italy, factsheet number 203065, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203065.
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