Today's Hard|Forum Post
Today's Hard|Forum Post

Wednesday April 09, 2014

Intel Closes Costa Rica Operation, Cuts 1,500 Jobs

According to Reuters, Intel is closing its Costa Rica plant and eliminating 1,500 jobs.

Chipmaker Intel, struggling with a shrinking personal computer market, is shutting its assembly and test operation in Costa Rica and eliminating 1,500 jobs, a spokesman said on Tuesday.The closure of the site, which is a significant contributor to Costa Rica's exports, falls within a larger plan announced by the chipmaker earlier this year to cut spending as it attempts to grow beyond PCs into the mobile market.