Memory FAQs
 
Home
News
Products
Shop
Memory
Corporate
Contact
 

News
Industry News
Publications
CST News
Help/Support
Member Area
Tester Brochure
Demo Library
Software
Tester FAQs

biology medicine news product technology definition

Wednesday, July 30, 2014
Memory Industry News
Email ArticlePrinter Format PreviousNext

IBM cuts 450 jobs at US plant


Tuesday, July 31, 2007

IBM on Monday laid off 450 workers at its U.S. computer chip manufacturing facilities.The cuts included 300 jobs at IBM locations in Poughkeepsie and East Fishkill, NY, and 90 positions at a plant in Burlington, VT.

IBM's semiconductor division is focused primarily on its Power Architecture processors, which are used in IBM servers. The group has also done extensive semiconductor research -- copper interconnects, Silicon Germanium (SiGE) and Silicon on insulator (SOI) -- to improve performance. The division includes IBM's custom processor business, which helped co-develop the Cell processor for Sony's next-generation PlayStation game console.

The layoffs included workers involved with packaging and testing, technology development and supply chain operations, said the spokesman. IBM is offering affected employees severance packages that include one week's pay for each six months worked, as well as transitional medical coverage and outplacement services.

IBM's chip manufacturing business has been slow of late. The company reported that the unit's sales were off 9% year-over-year in the second quarter.

 

By: Docmemory
Copyright 2007 CST, Inc. All Rights Reserved

Email ArticlePrinter Format PreviousNext
Latest Industry News
LPDDR4 memory to be in systems by next year7/30/2014
Should airline be equipped with missile defence system?7/30/2014
Amazon will 3D print your custom parts7/30/2014
Sony invested heavily into stacked image sensors7/30/2014
China to investigate Microsoft for antitrust7/29/2014
You can unlock your phone now - legally7/29/2014
Geotracking device now on 3 month battery7/29/2014
Samsung is expanding R&D quarters in Silicon Valley7/29/2014
American workers now works harder and longer7/28/2014
Parking brakes to go without hand lever7/28/2014

CST Inc. Memory Tester DDR Tester
Copyright © 1994 - 2014 CST, Inc. All Rights Reserved