'GlobalFoundries Races to Recruit Top Semiconductor Talent Amid Surging Chip Demand'

Money | July 5, 2024, 2:53 p.m.

The semiconductor industry is dealing with a talent shortage as demand for workers in key roles continues to rise. With the U.S. chips industry projected to face a shortfall of as many as 67,000 workers by 2030, GlobalFoundries, a major chip manufacturer, is aiming to bridge this gap. The company has launched various initiatives, including a registered apprenticeship program and efforts to recruit veterans and women. GlobalFoundries is leading the way in actively recruiting and training individuals, with a focus on cross-training talent and identifying alternate talent pools to fill critical roles. The company's workforce development efforts are essential in meeting the increasing demand for skilled workers in the semiconductor industry. By providing training programs, benefits like student debt relief, and creating new job opportunities, GlobalFoundries is paving the way for sustained growth and success in the semiconductor manufacturing sector.