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Thursday, August 31, 2006

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Intel Layoffs Coming According to Reports

By Ashlee Vance in Mountain View
CNET has come out as the first organ willing to put a firm number on Intel's alleged upcoming mass layoff. The online rag reckons that up to 10,000 workers will be cleaved from Intel's payroll. Word of the layoffs should arrive next Tuesday after the stock markets close their regular trading sessions. More.
[Karlos says] It's doubtful Rio Rancho will not feel the upcoming layoffs from Intel. The question is whether or not Intel will have to pay back some of their tax breaks to Sandoval County as per their agreement.






# posted by karlos @ 5:38 PM
Comments:
What are you talking about? This has been expected for months, and its Intel's way to tirm the fat and sacifice its employees to the Money God. Selective redeployment of 10,000 plus employes to 300 positiona and its your fault you didn't qualify, is Intel's way of looking good after laying off the majority of the experience workforce. They couldn't care less about repay, or severance, or helping anybody but upper management "Only the paranoid survive"
# posted by Anonymous Anonymous : 10:43 AM
 
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