NEC Semiconductor Inc. (Santa Clara, CA) announced that it will suspend operations and close its semiconductor manufacturing plant in Livingston, Scotland, with the loss of 1,260 jobs by March 2002. NEC hoped to keep the site running by reducing the workforce by 600 employees and reducing production at the facility from 28,000 to 15,000 wafers per month, but with no immediate improvement in global semiconductor sales predicted, the company stated it was left with no choice other than to close the site.
The company stated that it would assist employees in finding jobs, while evaluating the reopening of the site when the semiconductor market picks up again.
