Intel update

Feb 14, 2009 09:46

From this article.

Bad News:
Intel said in January it would close five plants in California, Oregon, Malaysia and the Philippines with the loss of between 5,000 and 6,000 jobs.

Good News:
Computer chipmaker Intel has announced plans to build new plants worth $7bn (£4.78bn) weeks after announcing the closure of five plants. The world's biggest chipmaker says the investment will fund 7,000 jobs in Oregon, Arizona and New Mexico.

May the plans work out. I'm glad to see a U.S.-based company taking seriously its responsibility to generate employment in the U.S. Think global, act local. This is, in my not so humble opinion, a big part of how the U.S. f-ed up in the first place and got into this mess. If we have nothing to export but brains and raw materials, of course our economy is going to fundamentally change. (Says the engineer who feeeears economics)

geek, armchair philosophy, work, money

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