Qimonda AG has announced it will be cutting 1,000 employees from its Portuguese unit, while also suspending the contracts of the 800 remaining workers for the next six months. This unit had stopped production last month, since parts from Dresden’s Qimonda
factory failed to ship.
200 workers of the Portuguese unit will maintain the plant in Vila do Conde while the company tries to pick itself out of its financial troubles. The unit said the workforce would be cut to 1,000 by firing workers with temporary contracts.