BACK TO PCSTATS Follow PCSTATS on Facebook PCSTATS RSS Feed PCSTATS Twitter Feed + Motherboards
+ Videocards
+ Memory
+ Beginners Guides
News & Advanced Search  Feedback?
[X]   Directory of
Guides & Reviews
The PCstats Forums

Beginners Guides
Weekly Newsletter
Archived Newsletters


Waterfield Designs Muzetto Leather Notebook Satchel Review

Intel to shut plants and eliminate 5,000 jobs - PCSTATS.com Intel to shut plants and eliminate 5,000 jobs
Thu, Jan 22 2009 | 2:16PM | Filed under: Business / Industry| PermaLink Posted by: STAFF

With demand for its chips drying up at record rates, Intel has decided to shut down several plants and dismiss thousands of workers. Fresh off one of its worst quarters in the last 25 years, Intel, based in Santa Clara, California, told investors after the market's close on Wednesday that it would lay off at least 5,000 people. The cuts result from the closing of three chip-testing facilities in Asia and halting operations at plants in Oregon and California. The closed facilities mostly used aging technology, and Intel will continue to invest billions of dollars this year in new plants, said Chuck Mulloy, an Intel spokesman. As many as 6,000 people could be dismissed, depending on how many workers can secure jobs at other Intel plants. Intel employed 84,000 people at the end of last year, and had already eliminated 20,000 jobs in the last three years.

FULL STORY @ IHT

Recent News in Business / Industry
Turkey PC market declines amid weak consumer and public sector demand, says IDC Aug 24
Motherboard players all see on-year declines in July revenues Aug 23
Asustek, Gigabyte to heat up competition for Skylake products Aug 13
Gigabyte Worldwide VP Henry Kao exclusive interview Aug 4
ECS sees increasing profits in 2014 Jul 28
ECS to quit own-brand DIY motherboard business Jul 28
Asustek CFO David Cheng dies Jul 28
Micron boosts data center storage security with new SATA SSD featuring enterpris Jul 19
Asustek, Gigabyte each ship 8 million brand motherboards in 1H15 Jul 19
Windows 10 not prompting new notebook panel surge Jul 8
more...

News Categories
Audio / Sound Beginners Guides Benchmarks
Biometrics BIOS Business / Industry
Cases Chipset Computer / SFF PCs
Cooling / Heatsinks CPU / Processors Digital Cameras
Drivers Editorial Games
Gossip Hard Drives Hardware
Home Theatre Imaging Memory
Mobile Devices Monitors Motherboards
Mouse Pads MP3 Players Networking
Notebooks Operating System Optical Drives
Overclocking Peripherals Power Supply
Press Release Printers Servers
Site News Software Tips
Tradeshows / Events Video Cards Web News
   Looking for something a little farther back? Try PCstats News Archives: 1999 - present
   08 / 30 / 2015 | 2:03PM
Hardware Sections 


google
 
PCSTATS Network Features Information About Us Contact
FrostyTech
TransmetaZone
BeginnersPC
PCSTATS Newsletter
PCSTATS Forums
ShoppingList Assistance
Tech Glossary
Technology WebSite Listings
PermaLink News
Archived News
Submit News (Review RSS Feed)
Site Map
PCstats Wallpaper
About Us
Employment
Privacy Policy
Advertise on PCSTATS

How's Our Driving?
© Copyright 1999-2015 www.pcstats.com All rights reserved. Privacy policy and Terms of Use.