Intel to shut down Cavite facility by year-end

Abe Olandres Editor-in-chief January 21, 2009 · 1 min read

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في مذكرة منسوبة للموظفين في Intel Philippines، أعلنت الشركة المصنعة للقطع العازلة أخيرًا أنها ستغلق مرافقها في جين ترياس، كافيت، بحلول نهاية عام 2009.

وفقًا لمصدر حصل على الرسالة، إنتل لن تستمر في خططها لتسليم عملياتها إلى لاناغا (التي كانت من قبل شركة نكس بيزنتشرز، سابقًا فيلips بيزنتشرز، وهو المصنع في كابيوا على حسب مما تم الإبلاغ عنه سابقًا). كانت إنتل تستقبل العروض وتوقيع عقود مع مقدمي الخدمات الطرفية لإعادة التوزيع، لكنها ألغت هذه الخطط فجأة. ولم تذكر الرسالة تحديدًا الأسباب وراء هذا التراجع المفاجئ.

بما أنّ أبريل 2008، قامت شركة إنتل بتقليص عدد الموظفين بشكل منتظم في مصنع كافي، وهي الآن أقل بمقدار 800 موظف مقارنةً بـ 3,000 في العام الماضي.

Employees are given significant severance packages amounting to 1.75x their monthly salary for every year of service. Intel' Public Relations firm indicated that formal announcement will be made tomorrow morning.

In related news, Intel is looking at a possible loss for 1Q of 2009.

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Abe Olandres

Editor-in-chief

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and is considered by many as the Father of Tech Blogging in the Philippines.

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28 Comments

Batu Batu · 14 years ago

Yeah, the reason bakit nagsara ang intel sa dami ng magnanakaw dyan sa planta sa Cavite, kasapakat na ang mga caviteno sa pagpupuslit, alam nyo un di ba ?

pablo beltran · 8 years ago

…just as i suspect… a first world employer meets third world employees… have you (outside) people have any idea how hi-tech, and therefore expensive, the buildings built in Cavite? hi-tech as in hi- tech, meaning expensive… like expensive watches jewelry, gadgets…

Jacobato · 18 years ago

you are sir an admirable I/T expert, but let the law be the domain of lawyers. It’s not DOLE but the Labor Code that sets the MINIMUMS, and the labor code says half-mont salary, no ifs and not buts. cheers!

Jacobato · 18 years ago

under the law, separation package should be HALF MONTH salary, not ONE MONTH SALARY, for every year of service. the intel formula is not as simple as pegging number of months per year of service. it is a very rich package, such that you get higher multiplier if you have longer length of service.

there was NO MEMO circulated to employees re shutting down the facilities. they were informed in a big forum which they call BUM or business update meeting, personally by one of their corporate EVPs. the memo circulated was only to advice employees to attend the big meeting.

Abe Olandres Editor-in-chief · 18 years ago

According to DOLE, it’s 1/2 months or 1 month, depending on the cause of the lay off.

otoyoreyes · 18 years ago

geeez its starting to happen na .. were beginning to feel the effect of the global financial crisis..

but were pinoy, i know malalampasan natin to.

gen 3 · 18 years ago

guys,

The multiplier depends on the years of service you have rendered for the company. I can’t remember the exact formula that was used but there are certain brackets with certain multipliers (e.g. <4 years is x, 5-8 years is y).

Aside from the separation pay, the retirement pay was also given even if you are with Intel for less than 10 years (it’s prorated of course). Additionally, medical benefits were extended for another year from day of separation. Workshops were also provided by Intel to prepare these employees for a new career.

All in all i’m very much happy on how Intel treated us. I bet no other company right now in the Philippines who has laid-off their employees has done these extended effort.

Abe Olandres Editor-in-chief · 18 years ago

@BrianB – standard is one month salary for every year of service.

taksan · 18 years ago

so it’s slowly affecting us now eh?

BrianB · 18 years ago

Tanner, liit pala.

wh@ · 18 years ago

wee.. talaga naman affected na ang lahat ng GLOBAL FINANCIAL CRISIS. POOR US. :(

Andre Marcelo-Tanner · 18 years ago

1.75 x monthly salary x years of service

BrianB · 18 years ago

I mean that’s 1.75 x 12 x years of service, correct?

BrianB · 18 years ago

The severance packages should be put to good use. I’d go for a business masters degree. Some will probably try to put up a business, an undertaking that shouldn’t happen when you’re in a panic.