Intel Cuts 7,000 Jobs as Chip Development Teams Take Major Hit

Officially, Intel, with the recently announced new layoffs, primarily wants to reduce the middle management. In fact, it also hits the departments for the development of chips hard. As has now become known, almost 7,000 other employees have to go.
Because of only managers
Intel has officially heralded the next wave of discharge, which has been in prospect for some time. According to media reports, the company solves almost 2400 jobs in the US state of Oregon alone, while at other locations such as Arizona, California and Texas, another 4,000 employees have to take their hat off.
Intel is according to the newspaper The Oregonian One of the largest employers in the state of Oregon has been employed there so far around 20,000 people. With the dismissal of 2392 employees, their number is now falling by around 12 percent and should hit the locations of the Chipriesen there hard.
Locations in Oregon have to bleed
Intel had already deleted around 3,000 jobs within the last year. The new terminations specifically affect the locations in the cities of Hillsboro and Aloha, where 2200 and 192 employees have to go. In contrast to the cuts, this time Intel does not rely on sending older employees into an early retirement or offering compensation. Because Intel in Oregon is obliged to provide precise information about the dismissals, we also know which jobs the dismissed employees had.
In more than 300 cases, these are so-called modules Equipment Technicians and modules Development Engineers, another 126 positions are lost among the module engineers and 88 for developers for process integration. In all cases, these are employees from chip development and not managers. In fact, according to the official documents that the state of Oregon has grasped to dismiss employees, only eight percent of those affected by people whose job title contained the term “manager”. You also have in Israel according to a media report started in July with broad layoffs.
There, employees from manufacturing are particularly affected, whose tasks are now to be automated. Intel tries to implement drastic cuts under the new CEO Lip-Bu Tan, with which one wants to significantly reduce the number of employees and thus the costs. This also includes that marketing practically completely outsourced accenture and should be replaced there by technologies from the field of artificial intelligence. In addition, the closure of the entire Intel automotive division has been announced.