Loss of up to 60,000 jobs seen from Intel, TI pullout

Up to 60,000 jobs could be lost in the country’s key electronics sector after Intel Corp. shut down a facility and Texas Instruments (TI) announced a number of lay-offs, an official said yesterday.

Intel, the world’s biggest computer chip maker, announced plans to close plants in Malaysia, the Philippines and the United States, with the loss of 1,800 jobs in its assembly test facility in Cavite.

TI, another big US player in the sector, told the government last month it was laying off 400 workers from its semiconductor factory in the northern resort town of Baguio.

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