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RIO RANCHO, N.M. (AP) - Intel Corp. said Tuesday that it expects to cut more than 1,000 jobs at its Rio Rancho plant as the company ends production of an older silicon wafer technology.
Intel will stop making the 200-millimeter wafers at the plant by the end of August, and affected employees will be offered severance packages or can apply for other jobs within the company, spokesman Jami Grindatto said.
"Both options give you a great package, a competitive package," he said. "It's based on years of service."
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