Intel to Withdraw from Costa Rica, Hitting Local Tech Sector
Massive restructuring includes job cuts and halted operations
Intel has announced its decision to pull back operations from Costa Rica as part of a sweeping global restructuring plan.
The move deals a significant blow to the country’s ambitions of becoming a Central American technology hub, with thousands of local jobs at stake and key manufacturing projects now on hold.
The move deals a significant blow to the country’s ambitions of becoming a Central American technology hub, with thousands of local jobs at stake and key manufacturing projects now on hold.
