Qimonda layoff

Qimonda to cut hours and reduce output at Henrico plant

After announcing layoffs to 1,200 Richmond area workers in October, struggling computer chip maker Qimonda AG is cutting back employees’ hours by 10 to 20 percent at its Eastern Henrico plant, according to source at the company. Consequently, pay will fall 10 to 20 percent for workers at the plant.

Scramble when the chips are down

This cuts at Qimonda come on the heels of other local layoff in Richmond’s manufacturing sector. Economic development agencies will likely tweak their marketing pitch for the fall season.

Qimonda to close plant, lay off 1,200 Richmond workers

German microchip manufacturer Qimonda AG announced today that it will be making drastic cuts, and likely close one of its Eastern Henrico plant that produces 200mm wafers by January. As many as 1,200 Richmond high-tech workers may lose their jobs, although the exact local figure has not been released yet. One source at the company… Read more »

Qimonda to cut 10% of global workforce

Struggling computer chip maker Qimonda will layoff 10% of its global workforce, according to Reuters, which may include cuts at the company’s North American plant in Sandston. The company has not confirmed cuts, but 10% of the 2,300 local workers would amount to 230 layoffs.