Intel Chipping Away Another 1,000

From the Observer and written By Tom Treweek, Intel is laying off about 21 %, or 1,000 people, at its Sandoval County “campus” in New Mexico.

As written about in; Intel Investing 2.5B In New Plant - In China. Intel is investing $1 billion to retool their fab11x to produce 45 nanometer chips. But fab 11 and other undisclosed positions, across campus, will be eliminated.

From the Observer article: “Intel employees leaked news of the layoffs; there was no press release. Shipley said the company wanted to inform its employees before the news appeared in the media.”