A Japanese company that provided sales and service to Qimonda’s Henrico semiconductor plant is closing its Richmond office, a sign that the fallout from the plants closure is reverberating throughout the region.
Tokyo Electron LTD operated an office at 5310 S. Laburnum Ave. just a few miles from the Qimonda facility that is being shut down. The company is a supplier of equipment used in semiconductor production.
Michelle Pesez, a spokeswoman for the company’s North America operation, said the company offered voluntary separation packages including severance pay and continuing benefits. She did not say how many employees would lose their jobs. The field office has about 30 employees, according to a Greater Richmond Partnership directory of foriegn firms.
She said some employees would still be assigned to Richmond to support other regional sites.
An employee at the Richmond office said that when the office closes, the remaining employees will work from home. The employee said the office would most likely close at the end of March.
“We essentially supported Qimonda,” the employee said. “And with them filing Chapter 11 and their announcement that they were closing the plant, we are downsizing.”
According to the EE Times, an electronic industry news source that broke the story, Tokyo Electron is also closing a support office in Dallas. The company’s U.S. headquarters is in Austin, Texas. The company also has a support office in Manassas.
In other Qimonda news, RBS has learned but not confirmed that the company will not pay laid-off workers for the vacation time they’ve accrued.
A Japanese company that provided sales and service to Qimonda’s Henrico semiconductor plant is closing its Richmond office, a sign that the fallout from the plants closure is reverberating throughout the region.
Tokyo Electron LTD operated an office at 5310 S. Laburnum Ave. just a few miles from the Qimonda facility that is being shut down. The company is a supplier of equipment used in semiconductor production.
Michelle Pesez, a spokeswoman for the company’s North America operation, said the company offered voluntary separation packages including severance pay and continuing benefits. She did not say how many employees would lose their jobs. The field office has about 30 employees, according to a Greater Richmond Partnership directory of foriegn firms.
She said some employees would still be assigned to Richmond to support other regional sites.
An employee at the Richmond office said that when the office closes, the remaining employees will work from home. The employee said the office would most likely close at the end of March.
“We essentially supported Qimonda,” the employee said. “And with them filing Chapter 11 and their announcement that they were closing the plant, we are downsizing.”
According to the EE Times, an electronic industry news source that broke the story, Tokyo Electron is also closing a support office in Dallas. The company’s U.S. headquarters is in Austin, Texas. The company also has a support office in Manassas.
In other Qimonda news, RBS has learned but not confirmed that the company will not pay laid-off workers for the vacation time they’ve accrued.