RIO RANCHO, N.M. — Intel Corp. announced Friday that it is “redeploying” 400 of the 3,300 employees at its Rio Rancho chipmaking plant.
“Due to a shifting market, we are making some difficult business decisions,” company spokeswoman Natasha Martell Jackson said in an email. “Specifically, in New Mexico, we have notified employees of a phased process of redeploying up to 400 positions.”
The deployment will be a phased approach, she said. The first steps will be offering retirement packages to those who qualify and attempting to find positions for employees at other Intel locations.
“Intel recognizes that this is a difficult time for employees and our community,” Martell Jackson said. “Our employees are a valuable asset and we are working with them to offer the best options and opportunities available, including placements within other Intel sites as well as voluntary retirement and separation packages.”