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Chip industry faces talent shortage as revenues head to $1 trillion | Deloitte
Deloitte says the chip industry will hit $1T in 2030, but a huge talent shortage looms across the entire world.
While semiconductor companies may have struggled with brand recognition and a competitive employee value proposition, investing in recent high school graduates could help reinvigorate talent pipelines that may be more attracted to stability and flexibility over rapid advancement. To optimize their workforce planning, semiconductor companies should leverage the industry’s robust ecosystem of partners—including trade organizations, educational institutions, and nonprofits—to act holistically and better address the global talent pipeline shortages. Deploying predictive analytics via AI-enabled tools to better forecast retention, performance, and longevity can optimize talent acquisition pipelines and internal mobility, leading to more clearly defined and attainable career paths.
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