You are here: silicon.com > Management > Skills & Careers

Skills & Careers

Up to 6,000 jobs under threat at Intel

Profit drop prompts 'reorganisation'

Tags: losses, jobs, careers, skills

By Colin Barker

Published: 23 January 2009 08:54 GMT

Intel has announced between 5,000 and 6,000 job losses in a reorganisation of manufacturing operations.

In a short statement this week, Intel said it is closing down two existing assembly and test facilities: one in Penang, Malaysia, and one in Cavite, in the Philippines. It also said it will stop production at Fab 20, an older 200mm wafer fabrication facility in Hillsboro, Oregon.

Silicon-wafer production operations will also end at the D2 facility in Santa Clara, California.

The move will affect "between 5,000 and 6,000 employees worldwide" Intel said. The company added that "not all employees will leave Intel", and some may be offered positions at other facilities.

The actions will take place between now and the end of 2009, Intel said.

The news comes just over a week after Intel announced poor fourth-quarter results. The company had a 90 per cent drop in profit from the previous quarter and an $8.2bn drop or 23 per cent when compared to the same quarter in the previous year.

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure

  • Jobs
Sales Executive - Area Sales Manager - Facilities Management

Regional Senior Sales/Business Development - Facilities Management - Soft & Hard Services - UK Wide Role - London - Birmingham - Manchester - Leeds ...

Fluid Mechanical Test Specialist

To be responsible for ensuring a continuous development of the fuel system test facility and it's associated processes which are critical to ...

Facilities Manager - Midlands - Public Sector Organisation

If you have facility management experience and you are available - then I would like to speak to you. A Facilities Manager is required for one of our ...

Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.





Quick Sitemap Links: