intel layoffs 2020 oregonian

Note to readers: if you purchase something through one of our affiliate links we may earn a commission. Community Rules apply to all content you upload or otherwise submit to this site. (MARK GRAVES/OREGONIAN) LC- MARK GRAVES/THE OREGONIAN. Intel upheaval Layoffs could be looming for one of Oregon's biggest private employers. By Mike Rogoway | The Oregonian/OregonLive Intel plans to lay off a modest number of employees as it reorganizes the company’s most vital business … The layoffs numbered in the hundreds, according to people with direct knowledge of the cuts who asked not to be identified because they were not authorized to speak about their employer. -- Mike Rogoway | twitter: @rogoway | 503-294-7699. A person with direct knowledge of the cuts said the Oregon layoffs were in proportion to those elsewhere. Intel endured wrenching layoffs in 2015 and 2016, the biggest in the company’s history, which shook the company’s culture and demolished morale.

It has 20,000 people working across four campuses in Washington County. Please support high-quality local journalism. “Changes in our workforce are driven by the needs and priorities of our business, which we continually evaluate. Intel said it expects revenue of $73.5 billion in 2020 and issued a long-term forecast, indicating it expects annual sales around $85 billion by 2023. Subscribe to OregonLive. Registration on or use of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your California Privacy Rights (each updated 1/1/20). We are committed to treating all impacted employees with professionalism and respect,” Intel said in a brief statement acknowledging the cuts to The Oregonian/OregonLive. With fewer contractors Intel needs fewer managers overseeing those people, according to one person privy to Intel’s rationale for the change. Intel's Data Center Group could make job cuts of 25 to 33 … Information technology (IT) professionals don’t usually develop new technology but they play an essential role in managing a company’s internal systems.

Intel is also preparing for a big shift in its manufacturing technology and is preparing to build new, multibillion-dollar factories in Oregon, Ireland and Israel. Cuts also took place at other Intel facilities in the United States and at a large administrative facility in Costa Rica, according to people familiar with the layoffs.

Though Intel forecasts flat sales in 2019, people inside the company said this week’s layoffs don’t appear to be strictly a cost-cutting move. All rights reserved (About Us). This article has been updated with additional information about the cutbacks, and with Intel’s closing stock price. Their work is particularly important at tech companies such as Intel, which depend on IT workers to keep systems secure and running smoothly. An internal memo obtained by The Oregonian/OregonLive said Intel will now consolidate operations under a single contractor, the Indian technology giant Infosys. …

Intel is planning for 1,750 new Oregon jobs in the next few years as it builds the third phase of its massive Hillsboro research factory called D1X. by Joe Panettieri • Jan 22, 2020. Intel is one of Oregon’s largest private employers.

Updated Mar 24, 2020; Posted Mar 24, 2020 . The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local.

This week’s layoffs are among Intel’s biggest cutbacks since 2016, when the company eliminated 15,000 jobs across the company through layoffs, buyouts and early retirement offers. Intel plans to lay off a modest number of employees as it reorganizes the company’s data center group, The Oregonian reports.An updated story mentions additional layoff plans across multiple business groups — including Intel’s software team. Intel has previously used several information technology contractors.

Intel confirmed the layoffs but declined to specify how many people lost their jobs or describe the rationale for the cutbacks. The company is actually projected to create 1,750 jobs in Oregon as part of the expansion of the D1X factory in Hillsboro. At that time Intel was bracing itself for long-term decline in its core business, microprocessors for PCs and laptops. Intel laid off a substantial number of information technology workers at sites across the company this week, according to multiple sources inside the company. Rather, they said the cuts appeared to reflect a broad change in the way Intel is approaching its internal technical systems. These layoffs seem unlikely to affect Intel's long-term plans. The company has since transitioned to rely on new markets, most prominently data centers. Then came what Hutcheson describes as Intel… We are committed to treating all impacted employees with professionalism and respect,” Intel said in a brief statement acknowledging the cuts to The Oregonian/OregonLive. The cuts took place at sites across the company, including Oregon, Intel’s largest site with 20,000 workers. An earlier phase of Intel's D1X factory in Hillsboro, under construction in 2015. Intel had 107,400 employees around the world at the end of 2018.

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