Intel has no plans to close Rio Rancho plant

RIO RANCHO, N.M. (KRQE)– Intel does not plan to close any of its manufacturing sites like its plant in Rio Rancho.
The Oregonian reports that’s according to internal documents.The facility in Rio Rancho could still see job cuts.
The chip maker announced in April, it will cut 12-thousand or 11-percent of its workforce.
The newspaper says employees will know by Monday if they are eligible for a buyout.
Intel has planned some project cancellations as well.