Intel added a significant number of information technology workers to websites all over the business this week, according to several sources in the company.
The enumerations are numbered in hundreds, according to people with a direct knowledge of the cuts that asked Not identified because they were not authorized to talk about their employer.
Intel confirmed the redundancies, but refused to specify how many people lost their jobs or described the reasons for the downturns.
"Changes in our workforce are driven by the needs and priorities of our business, which we continually consider. We are committed to treating all concerned employees with professionalism and respect," Intel said in a brief statement on the cuts to The Oregonian / OregonLive
The cuts took place on websites all over the business, including Oregon, Intel's largest website with 20,000 workers, and the cuts also took place at other Intel sites in the United States and at a large management plant in Costa Rica, according to people familiar with layoffs. 1
IT professionals usually do not develop new technology, but they play an important role in managing a company's internal systems. is particularly important in technology companies such as Intel, which rely on IT workers to keep systems secure and running smoothly.
This week's layoffs seem to be Intel's biggest downturn since 2016, as the company eliminated 15,000 jobs across the company through layoffs, buyouts, and early retirement benefits. Intel had 107,400 employees around the world by the end of 2018.
At that time, Intel took over itself for a long-term decline in its core business, PC and laptop microprocessors. The company has since moved on to relying on new markets, most prominent data centers.
Intel is also preparing a major shift in manufacturing technology and is preparing to build new mills in thousands of dollars in Oregon, Ireland and Israel. Intel plans 1,750 new Oregon jobs over the next few years as it builds the third phase of the massive Hillsboro research plant D1X.
Intel shares traded up 0.9 percent Friday at $ 53.61. The inventory is close to its highest point since the dot-com era.
– Mike Rogoway | twitter: @rogoway | 503-294-7699