Micron Technology, the state’s largest private employer, announced today that it’ll phase out manufacturing of 200 mm wafers at its Boise plant, meaning 500 layoffs “in the near term” and “as many as 2,000 positions by the end of the company’s fiscal year.” In a press release, Steve Appleton, Micron chairman and CEO, said, “We remained hopeful that the demand for these products would stabilize in the marketplace and start to improve as we moved into the spring. Unfortunately, a better environment has not materialized, and we are at a point where we wanted to let our employees and the community know in advance what will occur later this summer”/MamaJD. More here.
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