Business
Intel restructures manufacturing ops; 5,000 to 6,000 workers hit
Intel said Wednesday that it is revamping its manufacturing operations, cutting capacity and potentially laying off about 5,000 to 6,000 workers.In a statement, Intel said it was restructuring to adjust to weak demand.
Intel said Wednesday that it is revamping its manufacturing operations, cutting capacity and potentially laying off about 5,000 to 6,000 workers.
In a statement, Intel said it was restructuring to adjust to weak demand. The chip giant quickly added that the capacity cuts wouldn't affect its plans to deploy 45-nanometer and 32-nanometer manufacturing processes.
Also see: Intel: The industry is ‘resetting;’ Quarter weak; Inventory swells
The plants affected include:- Two test facilities in Penang, Malaysia;
- A test facility in Cavite, Philippines;
- A 200mm wafer fab in Hillsboro, Ore.
- And a wafer production facility in Santa Clara, Calif.
Intel said that not all of the workers at those plants will leave the company. Some may be offered positions at other facilities.