Chip Workers Are Likely to Quit Jobs, Worsening Labor Shortage [BNN Bloomberg (Canada)]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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US:NYSE Investor Relations:
tsmc.com/english/investorrelations/index.htm
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Source: BNN Bloomberg
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 semi industry is over the age of 55. You're starting to see signals that some of that population is becoming less satisfied.” That's an ominous sign for chipmakers like Intel and Taiwan Semiconductor Manufacturing Co. that are building massive new semiconductor factories in the US — spurred by the 2022 Chips and Science Act. The ambitious expansion hinges on finding enough workers to equip and staff the facilities. Companies, universities and local governments
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TSM
Earnings
- 4/19/24 - Beat
TSM
Sec Filings
- 5/15/24 - Form 6-K
- 5/10/24 - Form 6-K
- 5/10/24 - Form 6-K
- TSM's page on the SEC website