FUD Zilla reports local government is upset because Intel hasn't hired as many local people as promised for its plant in Albuquerque. The chip giant failed for the third time in five years to find at least 60 percent of its new hires for its Albuquerque plant in New Mexico, which was one of the conditions the county set when it approved a $16 billion bond for intel.
Intel on the other hand blames the educational system, the firm says it couldn't find enough skilled engineers in New Mexico and added that it has the same problem throughout the country.
The 60 percent hiring goal was one of the conditions the county set in 2004 when it approved a $16 billion revenue bond for Intel. Intel missed the goal in 2009 and 2006, as well. In 2009, 27 percent of its 11 new hires were from New Mexico.
Intel told the Journal that it couldn't find enough skilled engineers in New Mexico to meet its needs, and said it has the same problem throughout the country.