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.