TECH - Taiwan Semiconductor's European Subsidiary To Hire 2K Employees In Semiconductor Push | Benzinga
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) plans to hire nearly 2,000 employees from Germany and other European countries through its subsidiary, European Semiconductor Manufacturing Co (ESMC), according to ESMC president Christian Koitzsch, the Taipei Times reports.
In 2024, the tech sector surpassed 2023’s layoff figures, with over 42,324 workers losing their jobs. This follows nearly 263,000 tech layoffs in 2023, continuing the industry’s trend of job cuts. Major companies, including Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, Amazon.Com Inc (NASDAQ:AMZN), and Microsoft Corp (NASDAQ:MSFT), announced significant layoffs.
The rapid advancement in AI technology requires substantial investments in new ...