ROME (Reuters) - STMicroelectronics on Monday pledged not to slash jobs in Italy, the country's industry minister said, as the chipmaker moved to defuse a row that had included strong Italian criticism of its CEO.
Minister Adolfo Urso hosted talks in Rome with representatives of the company and trade unions, aimed at avoiding mass layoffs at the Agrate plant in Northern Italy. The governments of Italy and France own a combined share of 27.5% in STMicro.
