 On October 13, 2008, Qimonda North America announced that it was closing its 200 mm wafer fabrication plant in Richmond, VA, resulting in the loss of 1200 jobs.On October 27, 2008 Qimonda North America announced that the approved incentive payments due to be paid to employees that month had been postponed until January 16, 2009, for Richmond employees and February 13, 2009, for QNA-direct employees.Qimonda North America announced mandatory unpaid leave in December, 2008 for all employees at its Richmond site amounting to a 10% salary reduction for exempt staff and approximately 15% reduction for non-exempt employees.