Fix Your Memory Module
 
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

Thursday, August 28, 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
Samsung starts production on 3D DDR4 memory module8/28/2014
Is US Industrial sector fully recovered?8/28/2014
JEDEC released LPDDR4 mobile DRAM standard8/28/2014
Fairchild to shut down older fabs8/28/2014
Durable good orders up8/27/2014
China to develope its own OS8/27/2014
Lenovo turns to Taiwan for server help8/27/2014
iPhone 6 to affect DRAM prices8/27/2014
Hynix is ready to roll out production at Chongqing City8/26/2014
SpaceX test rocket down8/26/2014

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