Post by Logan on May 11, 2016 11:03:49 GMT -6
Intel told employees Monday they could face another round of layoffs if the number of workers who accept buyouts don't meet the company's targets.
And next time, Intel said, severance packages may not be so good.
Intel is in the process of eliminating 12,000 jobs across the company, 11 percent of its total work force, as it adjusts to long-term decline in the PC industry. It handed pink slips to 784 Oregon workers last month and plans to cut hundreds more jobs through buyouts, early retirement programs and by laying off workers whose projects are cancelled.
The company had 19,500 Oregon employees before the layoffs started, more workers than any other business in Oregon. If Intel applies cutbacks evenly across the company, it will reduce its Oregon work force by more than 2,000 jobs by the middle of 2017.
In a sternly worded memo Monday from the heads of Intel business groups to employees offered buyouts, the company suggested that if too many employees pass on the company's offer then Intel will resort to more layoffs.
Read more: www.oregonlive.com/silicon-forest/index.ssf/2016/05/intel_warns_employees_take_the.html
And next time, Intel said, severance packages may not be so good.
Intel is in the process of eliminating 12,000 jobs across the company, 11 percent of its total work force, as it adjusts to long-term decline in the PC industry. It handed pink slips to 784 Oregon workers last month and plans to cut hundreds more jobs through buyouts, early retirement programs and by laying off workers whose projects are cancelled.
The company had 19,500 Oregon employees before the layoffs started, more workers than any other business in Oregon. If Intel applies cutbacks evenly across the company, it will reduce its Oregon work force by more than 2,000 jobs by the middle of 2017.
In a sternly worded memo Monday from the heads of Intel business groups to employees offered buyouts, the company suggested that if too many employees pass on the company's offer then Intel will resort to more layoffs.
Read more: www.oregonlive.com/silicon-forest/index.ssf/2016/05/intel_warns_employees_take_the.html