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Chip Workers Are Likely to Quit Jobs, Worsening Labor Shortage [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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whether they want to stick around, according to a McKinsey & Co. report that underscores the chip industry's labor challenges. Most Read from Bloomberg Biden Set to Hit China EVs, Strategic Sectors With Tariffs Ackman Scolded Over DEI Views at Closed-Door Milken Session Elon Musk Changes Tune on Tesla Superchargers After Mass Firing Apple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TV Novavax Soars on $1.2 Billion Sanofi Vaccine Licensing Deal More than half of semiconductor and electronics employees said in 2023 that they are at least somewhat likely to leave their current jobs in the next three to six months, according to the report. That's up from around two-fifths of workers in 2021. The most commonly cited reason was a lack of career development, followed by limited workplace flexibility. “We're going into a boom in terms of demand,” said Wade Toller, a senior adviser at McKinsey who spent two decades at Intel Corp. “About a third of the population in the
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