Intel Corp., the world's biggest maker of semiconductors, said it will cut 12,000 jobs, or 11 percent of its workforce, retrenching as the personal-computer market heads toward a fifth year of decline.
What started as a manufacturing plant now handles finance, HR, engineering and more for the silicon giant. The company's biggest challenge now is finding enough Costa Rican talent in the fields of science, technology, engineering and math to continue to grow.
The total value of Costa Rican export goods fell by 15 percent last year, though most of that decline is attributed to the 2014 exit of chipmaker Intel.