Oregon Intel Corporation To Cut 2,000 Jobs In Oregon

Intel Anchors Oregon’s Economy: Intel to cut 12,000 jobs as it confronts decline in PC sales. Intel is cutting 12,000 jobs – about 11 percent of its workforce – as it reorganizes to confront a decline in sales of personal computers. The giant chipmaker made the announcement Tuesday as it reported lower-than-expected sales for the first quarter. This as industry analysts say an extended slide in global PC sales is showing no signs of leveling off. Intel, which has long been the world’s leading maker of PC chips, is now trying to expand into other types of computing. The latest cuts follow an earlier reduction of about 5,000 jobs announced by Intel in 2014, and analysts say they may not be the last. Intel’s operations in Oregon stretch across six campuses west of Portland in Washington County. The campuses comprise Intel’s largest and most comprehensive site in the world—a global center of semiconductor research and manufacturing and the anchor of Oregon’s economy. The company has nearly 18,600 employees in Oregon, making it the state’s largest private employer.
www.kptv.com/story/31765408/intel-to-cut-12000-job…n-pcs


Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s