News

Intel, IBM, Sematech-backed R&D joint venture adds 475 jobs to NY 7/16/2009

An upstate New York R&D partnership, funded with $92.5 million in capital funds from this year’s state budget and a combined capital investment of $133.5 million from IBM, Sematech, and Intel, has been announced this week and is expected to bring some 475 new jobs to the region.

Cadence cuts 225 jobs as it aims to save $30M 6/11/2009

Reductions will come primarily from resizing the company's worldwide field organization, decreasing the level of investment in the manufacturing side of DFM (design for manufacturability), and other infrastructure areas of the business.

IBM supports up to 4000 jobs with analytics centers 4/29/2009

IBM plans to expand its business analytics work with a network of new analytics centers around the world that will allow the company to retrain or hire as many as 4000 analytics consultants and mathematicians.

TSMC plans R&D hiring, spends on machinery 4/17/2009

Offering the latest sign of a possible tech recovery, TSMC confirms it is hiring a few hundred additional R&D staff and has filed statements as to $162 million in machinery acquisitions.

Soitec reduces headcount 4/2/2009

The supplier of engineered substrates for microelectronics will reduce its workforce by less than 10%.

Albany NanoTech complex expands, adds 600 jobs 3/31/2009

The $150 million expansion will also support more than $1 billion in new investments and will see IBM extend its R&D partnership with the College of Nanoscale Science and Engineering through 2013.

Agilent cuts 2700 jobs, restructures electronic measurement business 3/26/2009

Agilent's president and CEO says business remains "severely depressed" and that he sees "no prospects for a meaningful recovery in the foreseeable future."

IBM expected to cut more US jobs 3/25/2009

IBM will soon lay off a large number of US-based employees from its global business services unit, according to a report.

National Semi consolidates manufacturing, plans to cut 26% of workforce 3/11/2009

As National Semiconductor closes its assembly and test plant in Suzhou, China, and its wafer fabrication plant in Arlington, Texas, and looks to cut costs overall, it will eliminate 1725 jobs.

Intel shifts Ireland headcount: adds jobs in Shannon R&D expansion, looks to reduce workforce elsewhere 2/27/2009

Intel will invest about $63 million as it expands its R&D center in Ireland's Shannon Free Zone and adds up to 134 jobs, but has also offered voluntary separation packages in an effort to reduce headcount by 200 to 300 employees at its facilities near Dublin.

Nokia aims to cut 1000 jobs through voluntary resignations 2/27/2009

The move is part of a cost-cutting effort Nokia began to outline in November 2008 when the Finland-based company announced job cuts and plans to close sites.

Keithley discontinuing test product line, plans further job cuts 2/26/2009

The parametric test product line discontinuation and 6% layoff statement comes just days after Keithley Instruments announced that it was notified by the New York Stock Exchange that it is no longer in compliance with continued listing standards and follows on other cost-cutting actions taken in 2008.

Micron plans to cut as many as 2000 jobs as it ends 200-mm work in Boise 2/24/2009

Noting that a better DRAM environment has not materialized, Micron will phase out 200-mm wafer manufacturing operations at its Boise, Idaho, facility and will lay off up to 2000 employees in the process.

Spansion cuts 3000 jobs to save $225M 2/24/2009

The majority of the layoffs, representing 35% of Spansion's staff, are at the flash maker's global manufacturing sites. The cuts come less than a month after naming a new CEO as part of Spansion's restructuring and exploration of business model alternatives that include a sale or merger.

Tech salaries increasing, despite economy 2/16/2009

Tech salaries are growing, even as the economic pressures force industry-wide layoffs, according to tech-focused career site Dice.com. More good news: While the national unemployment rate climbed to 7.6% in January, the unemployment rate for the tech sector was less than half that.

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