Forbes: Intel says to shift 2,000 China jobs out of Shanghai

Forbes writes: "Intel Corp announced on Wednesday a reshuffle to its operations in China that would eliminate about 2,000 jobs in Shanghai, but workers affected by the cuts would be offered jobs in other parts of the country.

'In order to optimize its manufacturing resources in China, Intel (nasdaq: INTC - news - people ) plans to consolidate Assembly and Test operations (ATM) from Pudong to Chengdu over the next 12 months,' the company said in a statement. "

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