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Intel slashes jobs but not in Australia

Australian operations and head count to be unaffected by major restructuring plan
Intel’s major restructuring plan won't affect Australian operations

Intel’s major restructuring plan won't affect Australian operations

Intel’s Australian operations and workforce will not be impacted by a major restructuring plan announced by the vendor.

Intel said in a statement it will stop production at two US facilities and close two assembly test facilities in Malaysia and one in the Philippines, resulting in up to 6000 jobs lost worldwide.

A spokesperson told ARN there would be no job cuts in Australia. The layoffs will take place in Malaysia, the Philippines and the US.

Intel’s competitor Advanced Micro Devices also announced it would shed 1100 jobs and cut salaries this week.

AMD’s Australian country manager, Caleb Leung, said the reductions would also apply to the Australian business and would occur over the first quarter of the calendar year. He declined to specify how many staff would lose their jobs. This week, Intel also announced price cuts across a wide range of chips used in mobile and desktop PCs, including cuts of up to 40 per cent for its quad-core chips.

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More about: Advanced Micro Devices, Advanced Micro Devices, AMD, ARN, Intel
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Comments

1

AngryOldGuy

Fri 23/01/2009 - 10:31

Good to See that Local is Faring a Little Better than Global

Looking at all the economic benchmarks, Australia's placed in the middle of the heap - not as dire as the UK and US, but not as resilient as places like India. It's good to see that big companies like Intel are recognising the forward potential in Australia rather than doing knee-jerk sackings across the board.

Conversely the data on AMD is really quite depressing. Competition is critical to spur innovation and I can't see AMD being in a position to be cutting edge for some time. Damn shame.

2

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