| Home : April 09 2014 Computer News : Intel cuts 1,500 jobs in Costa Rica in efficiency effort, but plans to hire 1,200 more |
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Intel cuts 1,500 jobs in Costa Rica in efficiency effort, but plans to hire 1,200 more |
April 09, 2014
Intel is cutting 1,500 jobs in Costa Rica as it takes steps to cut 5 percent of its workforce by the end of the fiscal year.The job cuts, which will happen over the next two fiscal quarters, are at a site that does chip assembly and testing, said Chuck Mulloy, an Intel spokesman. The assembly and testing operations will be moved to sites in Malaysia, Vietnam and Chengdu, China, where similar functions are already performed.“We’ve been clear for over a year now we have to get more efficient in the way we operate,” Mulloy said.The move will also put assembly and testing closer to PC and mobile device makers, which are now mostly in Asian countries. The ability to ship chips quicker could help accelerate the release of products from device makers and also cut costs.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2141700/intel-cuts-1500-jobs-in-costa-rica-consolidates-some-operations-in-asia.html#tk.rss_all
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