➀ STMicroelectronics is considering a 6% workforce reduction through early retirements and attrition;

➁ The cuts could affect up to 2000 to 3000 people out of a workforce of 50,000;

➂ The company is aiming to reduce its cost base and planning an early retirement programme, mainly affecting sites in Italy and France.

➀ Intel has begun laying off 1,300 workers from its Gordon Moore Park facility in Oregon.

➁ The layoffs are part of a broader plan to reduce the company's workforce by 15,000 workers globally.

➂ This represents over 5% of Intel's workforce at Gordon Moore Park.