Sandston, the small Henrico village near the airport, isn’t exactly a company town. But the thousands of employees at Qimonda helped support a handful of locally-owned shops and eateries. One of the first customers at Lizzy Peas Express was a Qimonda worker, according to manager Ollie Taylor (pictured above). “She went back and told other… Read more »
Qimonda
Qimonda to close Richmond plant, lay off 1,500
Beleaguered computer chip manufacturer Qimonda announced this morning that it will close its Richmond operation, letting go around 1,550 of its 1,600 remaining employees.
Help Wanted: VCU alum
Virginia Commonwealth University is launching a new website Monday to help alumni find jobs and help employers find alumni to hire. The site is operated by the Business and Engineering Career Center and initially will only be open to alumni of the business and engineering schools. Alumni will be able to fill in some identifying… Read more »
Henrico’s plan
Qimonda, LandAmerica, Circuit City, Genworth. Four of the major corporations and private employers in Henrico County have shed at least 5,000 high-paying jobs. And it’s likely to get worse before it gets better, says Leonard Cake, the county’s director of economic development. Still, the county has more than 20,000 businesses, and as of November the… Read more »
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.
A little something for the effort
BizSense has obtained a copy of the Qimonda severance packages. The German-based computer chip manufacturer announced last week that it was cutting 1,200 jobs at the Sandston plant. Employees who leave less than 60 days from the announcement will receive one week pay for each year or partial year at the company. Employees who stay… Read more »
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.