Intel may cut workforce at Penang, Kulim plants

GEORGE TOWN: Chipmaker Intel is likely to reduce its workforce in Malaysia following a recent decision to cut its worldwide headcount by 12,000 or 11% of its entire global workforce, which stands at about 107,000.

Although Intel did not state in which geographical regions the axe on headcount would fall, it is believed that its facilities in Penang and Kulim would be among those identified for the headcount reduction exercise.