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The Intel Plant In Rio Rancho Continues To Shed Jobs

ALBUQUERQUE, N.M. (AP) — The Intel plant in Rio Rancho continues to shed jobs.

According to the company's latest annual report to the Sandoval County Commission released Monday, the number of full-time workers directly employed by Intel Corp. at its Rio Rancho plant fell by 37 percent in 2016.

The plant has gone from 1,900 salaried workers in 2015 to 1,200 as of last December.

About half of the 700 employees who departed from Rio Rancho last year were retirements.

The Albuquerque Journal reports Intel still employs about 1,000 contract workers, about half of whom are generally on site daily to work on specific projects.

The company announced in April 2016 that it planned to lay off about 12,000 people worldwide, or about 11 percent of its global workforce.