Intel Rio Rancho Laid Off 700 People In 2016

From the Albuquerque Free Press: Intel Cuts Rio Rancho Staff By 700

Intel Corp. reduced its Rio Rancho workforce by 700 people in 2016, and the plant now employs around 1,200, Intel said Monday.

“Nearly half the employees that left the Rio Rancho site were retirements,” Intel said in its annual report to the Sandoval County Commission. “Most of the remainder were relocated or chose a voluntary separation package.”

That’s a lot of people and a lot more than the 400 that were supposedly let go when I was laid off in 2014.

The last rumor I heard was that they are keeping the place alive through 2019 or some such time until Fab 42 starts to come online. Then they will offer everyone a job in Arizona or lay them off. That will be the end of Intel in New Mexico.

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