ESSEX, Vt. (AP) — Officials say 78 jobs have been cut at an Essex, Vermont, semiconductor business following its sale to a California tech company.

Vermont Labor Commissioner Michael Harrington says the jobs cuts range from top executives to engineers to front-line employees.

A spokeswoman for Marvell in Santa Clara, California, told the Burlington Free Press that the company acquired Avera Semiconductor LLC on Wednesday. Avera is a subsidiary of chipmaker GlobalFoundaries, which bought the former IBM plant in Essex Junction four years ago.

Laurie Kelly, a spokeswoman for GlobalFoundries, says the Vermont plant still has 2,300 employees. She says about 800 moved to Avera, and ultimately Marvell.

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.