Feeds

Intel axes five plants, 5,000 workers

And maybe more

Secure remote control for conventional and virtual desktops

Intel plans to close chip assembly plants in Malaysia and the Philippines and end US wafer fab operations in Oregon and California as part of a restructuring plan that will affect as many as 6,000 employees worldwide.

Today, the chip giant announced that it will "consolidate and streamline some older capacity" without affecting the deployment of newer 45-nanometer and 32-nanometer chip designs.

Intel's cutbacks arrive a week after the chip giant reported a 90 per cent drop in net income for its fourth quarter 2008 due to sliding demand for computers worldwide and a billion-dollar write off.

The company said it plans to close two test facilities in Penang, Malaysia and one in Cavite, Philippines.

Intel will also shut down US wafer fab production at its Fab 20 plant in Hillsboro, Oregon and its Silicon Valley D2 facility in Santa Clara, California.

Intel expects between 5,000 and 6,000 employees worldwide to be affected. Company spokesman Chuck Mulloy tells us the 1k range is provided because some employees may be offered jobs at other Intel facilities. There are other Intel plants near the Penang and Oregon facilities, though workers at Penang would have to relocate to another city.

Intel said it's not providing the number job cuts for each site.

Mulloy said workers were informed over the last 24 hours, and the closures will take place through the end of the year. ®

Secure remote control for conventional and virtual desktops

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.