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STMicroelectronics plans robots, retraining to avoid closures
Reuters· 2026-03-13 06:02
Core Insights - STMicroelectronics is implementing a strategy to retrain workers and introduce robots in older chip manufacturing plants to avoid closures while addressing industry challenges [1][6]. Group 1: Company Strategy - The company plans to deploy over one hundred humanoid robots in its facilities to take over repetitive tasks, allowing human workers to transition into higher-skilled roles [3][6]. - A training initiative has been launched to align workforce skills with emerging needs, aiming to enhance efficiency without closing any facilities in Europe [6][7]. Group 2: Industry Context - European chipmakers, including STMicro, are facing increasing competition from global players, particularly in China, where automated production lines are more efficient [3][4]. - Older chip factories, or "fabs," require significant investment to remain competitive, but many are not upgradeable with newer tools, complicating modernization efforts [4][5]. Group 3: Challenges and Developments - The restructuring plan initiated in October 2024 includes the potential departure of 5,000 workers, with progress in France but challenges in Italy [6]. - Industry groups are advocating for more investments in existing supply chains and industrial strengths as part of a refreshed Chips Act 2.0, as older fabs are generally not eligible for EU Chips Act funding [5].
GM pours millions into boosting wages, skills training for workers as major vehicle launches near
Fox Business· 2026-01-29 14:19
Core Insights - General Motors is investing tens of millions of dollars to enhance wages and upskill workers at the Fairfax Assembly Plant in Kansas City, preparing for three major vehicle launches [1][5] - The investment aims to strengthen the facility's capabilities and emphasizes the company's commitment to workforce investment for American competitiveness [1][5] Group 1: Investment and Workforce Development - The Fairfax Assembly Plant is currently producing the Chevrolet Bolt and will soon start production on a gas-powered Chevrolet Equinox and a next-generation Buick compact SUV [2] - The investment focuses on equipping employees with new skills for advanced roles, particularly in handling both electric and gas-powered vehicles, while also improving safety practices and product quality [6][11] - GM's commitment includes a broader strategy to support current and future employees as the automotive industry evolves [9] Group 2: Long-term Commitment and Training - Over the past five years, GM has invested $500 million in U.S. manufacturing apprenticeships and upskilling programs, training approximately 2,500 employees annually in advanced manufacturing and electrification [11] - The company has also allocated $66 million in higher education initiatives to assist thousands of employees in obtaining various certificates and degrees [11] - The Fairfax plant director highlighted that the investment in people is not only about vehicle production but also about providing opportunities for employees to build a proud future for their families [7]