Intel to Cut 1,500 Jobs as It Shutters Costa Rica Plant

Intel Corp., the world’s largest computer-chip maker, is cutting 1,500 jobs as it closes an assembly and test site in Costa Rica that had served as a symbol of the Central American nation’s ties to the global economy.

Intel is consolidating testing operations at three plants in Malaysia, Vietnam and China, said Chuck Mulloy, a company spokesman. The chipmaker had 2,500 employees in Costa Rica before the job cuts, and will try to create 200 new positions, he said.