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The German micro-chip manufacturer Infineon has announced plans to cut or relocate a total of 2,800 jobs. The measures are part of a programme outlined several months ago, with details being released on Monday. In all 1,400 jobs are will be lost. This includes a mid three-digit figure at the company’s site at Regensburg in Bavaria, which had already been released. Infineon says it also intends to relocate 1,400 jobs to cheaper locations. This affects all “high-wage countries” from North America to Asia, said chief executive Jochen Hanebeck, with the jobs moving to more favourable countries in …

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