Intel will close Mass. plant, cut 700 jobs
The Boston Globe - 09/12/2013
High-tech manufacturing accounts for nearly one in every three factory jobs in Massachusetts, and many of those pay high wages — $80,000 a year or more, according to a recent Northeastern University report on the sector. And the Intel jobs would be at the higher end of the industry scale.
“In terms of these people and their families, and the town of Hudson, this is a major blow,” said the author of the Northeastern report, economist Barry Bluestone, who noted that overall job growth in Massachusetts has slowed in recent months. “These workers who lose their jobs will not have an easy time finding a job somewhere else.”