The week started just like any other but soon the whole building was buzzing with news of a surprise open forum with no less than our TMG bosses. Last week during the 4th Qtr earnings report we heard from PSO that some sites will be closed due to the current situation we are all in (world economic crisis which has significantly impacted the demand of our products).
Then came the confirmation the following day that such a meeting will occur via email.
The following day 9:00 am all the regular and day shift employees gathered in the recreation hall. No foils were prepared... we were 1st reminded of the 4th QTR earnings update and then the decision was shared including the reasons behind it. We were really hoping that Intel would continue to stay but the circumstances that would allow the company to remain were overshadowed by the reasons not to.
Intel has been in the country since 1974 and the announcement will end more than 30 years of manufacturing operations. The final schedules are still being worked out since we need to move all the current operations overseas. But that day will forever remain etched in my memory.
an artcile from local newswires
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