Semiconductor workforce development strategies | Deloitte US

Talent strategies and solutions. To help mitigate the challenges outlined above, semiconductor companies—and the industry as a whole—should consider strategies across workforce …

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A Global Imperative: Confronting The Global Semiconductor

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Jan 7, 2025 · According to a 2023 Deloitte survey, 44% of semiconductor companies point to talent development as one of their top three ... help build on the momentum of other workforce …

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Chip Industry Faces Talent Shortage As Revenues Head To $1 Trillion ...

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Oct 15, 2024 · The U.S. semiconductor workforce is also older than other technology industries: As of July 2024, 55% of the U.S. semiconductor workforce is 45 or older, with less than 25% …

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Closing The Growing US Semiconductor Talent Gap | McKinsey

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Aug 2, 2024 · As McKinsey has written previously, public and private investments to rapidly expand the United States semiconductor industry will total more than $250 billion by 2032. 1 …

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FAQs about Semiconductor workforce development strategies | Deloitte US Coupon?

How can semiconductor companies boost workforce development?

Key strategies to date include: Catalyzing Employer Investments in Workforce: The manufacturing incentives program is crowding in private capital for talent development by encouraging semiconductor employers to commit resources to workforce development. ...

How can Deloitte help the semiconductor industry?

Deloitte's multi-talented, multi-disciplined pioneers of the tech industry can help the semiconductor industry identify new ways to sustain growth, gain a competitive edge, and power a more promising future. In the semiconductor sector, managing impossibility and navigating uncertainty are just part of the job. ...

How can the semiconductor industry meet demand for skilled talent?

To meet near- and long-term demand for skilled talent, the semiconductor industry will need to fundamentally shift its approach toward and thinking on workforce development and talent sourcing, including adapting certain job requirements and tapping into nontraditional talent pools. ...

How will semiconductor investments affect workforce growth in 2023?

CHIPS and Science Act investment 5 and—to a much lesser extent—a slight uptick in domestic production that began in 2018 helped increase the workforce ranks by 5 percent (18,000 workers) through 2023. But announced semiconductor investments will push demand far above the currently available talent supply (Exhibit 1). ...

Why is the semiconductor workforce a priority for the Department of Commerce?

The Department of Commerce has made growing and sustaining the semiconductor workforce a priority for both the $39 billion CHIPS incentives program to jumpstart domestic semiconductor manufacturing and the $11 billion CHIPS R&D program. ...

What is the future of work in the semiconductor industry?

The future of work in the semiconductor industry looks different than organizations might have anticipated just two or three years ago. And the volume of talent, as well as the skills and capabilities they need to support both near- and long-term objectives and market demand, have changed. ...