Intel has no plans to close Rio Rancho plant

Intel

RIO RANCHO, N.M. (KRQE)– Intel does not plan to close any of its manufacturing sites like its plant in Rio Rancho.

The Oregonian reports that’s according to internal documents.

The facility in Rio Rancho could still see job cuts.

The chip maker announced in April, it will cut 12,000, or 11 percent, of its workforce.

The newspaper says employees will know by Monday if they are eligible for a buyout.

Intel has planned some project cancellations as well.

KRQE.com provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s