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Amid growth, job cuts
Malta GlobalFoundries said Wednesday that 30 local employees will lose their jobs as part of a companywide cost-cutting plan to make the fledgling chip manufacturing plant more competitive. The Milpitas, Calif.-based computer chip maker employs 2,200 people at its Fab 8 manufacturing complex in Malta, which began production about two years ago. GlobalFoundries was thought to have bad news to ...
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