6000....Intel to shut down five plants
Job cuts on the way as chip giant undertakes restructuring
Written by Sylvie Barak
vnunet.com, 22 Jan 2009
Intel is to close five manufacturing plants, in a move which could affect up to 6,000 employees.
The announcement comes just two weeks after Intel claimed that it was weathering the economic storm, and would not need to make any of its staff redundant.
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Two assembly test facilities in Penang, Malaysia are to be shut down, along with another in Cavite in The Philippines.
Two silicon wafer fabrication plants in the US will halt production, including Fab 20, a 200mm wafer facility in Hillsboro, Oregon, and the D2 plant next to Intel's headquarters in Santa Clara, California.
Intel said that not all of the 5,000 to 6,000 employees affected by the closures will be made redundant, and that some may be transferred to other facilities.
However, sources close to Intel estimate that between six and seven per cent of the chip giant's 84,000-strong workforce face losing their jobs between now and the end of 2009.
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