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March 29, 2019 10:10 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/r7ovJ6MwdVk/intel-lays-off-hundreds-of-tech-admins
Intel Lays Off Hundreds of Tech Admins
Intel has reportedly laid off a number of information technology workers at sites across the company this week. Sources say the layoffs are numbered in the hundreds, but Intel has declined to specify how many people lost their jobs or describe the rationale for the cutbacks. OregonLive reports: The cuts took place at sites across the company, including Oregon, Intel's largest site with 20,000 workers. 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. Rather, they said the cuts appeared to reflect a broad change in the way Intel is approaching its internal technical systems. Information technology (IT) professionals don't usually develop new technology but they play an essential role in managing a company's internal systems. Their work is particularly important at tech companies such as Intel, which depend on IT workers to keep systems secure and running smoothly. This week's layoffs appear to be Intel's biggest cutbacks since 2016, when the company eliminated 15,000 jobs across the company through layoffs, buyouts and early retirement offers. "Changes in our workforce are driven by the needs and priorities of our business, which we continually evaluate. 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. Intel isn't the only tech company laying off workers right now. A new report from The Mercury News reveals many Bay Area tech firms will be laying off about 1,200 jobs between now and Memorial Day. The layoffs are expected from SAP, Oracle America, PayPal, Instacart, Thin Film Electronics, and others.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/r7ovJ6MwdVk/intel-lays-off-hundreds-of-tech-admins
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