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flag STMicroelectronics may cut up to 6% of its workforce, affecting 2,000 to 3,000 jobs in France and Italy.

flag STMicroelectronics, a major European chipmaker, is considering reducing its workforce by up to 6%, affecting 2,000 to 3,000 jobs in France and Italy, due to a downturn in the automotive and industrial sectors. flag The company is reviewing the scale of these potential job cuts and could announce decisions as early as next month. flag The restructuring aims to cut costs amid declining revenue forecasts.

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