Chipmaker STMicro tells Rome it will not slash jobs in Italy
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ROME : STMicroelectronics on Monday reassured Rome's government it would not slash jobs in Italy, people with knowledge of the matter said, as the chipmaker moved to defuse a row that had included strong Italian criticism of its CEO. The group, in which the Italian and French governments own a combined 27.5 per cent share through a holding company, told Italian officials and trade unions at a meeting in Rome it was not planning mass redundancies at its Agrate plant in northern Italy, people
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