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.
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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.