LayoffBlog.com

February 7, 2009

Intel to close unit in Shanghai, cut 2,000 local jobs

According to China Daily: “Intel Corp, the world’s leading semiconductor company, announced on Thursday it will shut a Shanghai Pudong plant as part of measures to streamline manufacturing operations in China.”

“The plant’s closure will affect about 2,000 employees, but they will have options, said Zhang. Intel has already promised to provide post transfers for the workers to the Chengdu plant, Intel’s still-under-construction Dalian plant or other Intel China divisions.”

3 Comments »

  1. Intel aren’t the only ones cutting back in China. I recently spoke with someone from Shanghai and aparently the lay off people too.

    Comment by myphotoscout — February 8, 2009 @ 1:20 am | Reply

  2. Since global demands are shrinking, more and more manufacturers will cutback and shut down plants. Becasue Intel’s Q4 profits sharply dropped, it is not surprising at all!

    Comment by bhb — February 8, 2009 @ 1:52 am | Reply

  3. #1: Lenovo is facing hard times too. They failed to boom at US market.

    Comment by DF — February 8, 2009 @ 2:48 am | Reply


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