Portland office of German company laying off 350 people - KPTV - FOX 12

Portland office of German company laying off 350 people

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PORTLAND, OR (KPTV) -

The Portland office of a German semiconductor company is laying off 350 people because of low demand for a certain type of silicon wafer.

Production of the 150 mm silicon wafer in Portland will stop in fall, Siltronic announced Friday. The company called demand for the wafer "permanently low."

About 750 people currently work at the Portland location. Those affected by the layoffs will get severance packages, a company spokesman said.

According to its website, Siltronic opened the Portland location in 1979.

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