Report: Intel to cut 419 jobs in IT department

Report: Intel to cut 419 jobs in IT department

Intel's $8 billion DX1 expansion is helping to drive metro area unemployment down to 6.4 percent.

Print
Email
|

by Cornelius Swart, KGW.com Staff

kgw.com

Posted on March 12, 2014 at 3:22 PM

Updated Wednesday, Mar 12 at 3:29 PM

HILLSBORO, Ore. -- Intel is eliminating over 400 positions from its information techonologies department, according to a newspaper report.

According to a memo leaked to The Oregonian, the California-based company plans to cut 419 jobs from its information technology department by the middle of April.

The company would work to inform all impacted employees by April 15, according to the report.

It was unclear if those cuts would result in layoffs or just reorganization, or just how many would come from the company's Hillsboro campus.

The company has 107,000 employees worldwide and announced in January it would cut a total of five percent from its workforce this year.

Intel would not confirm the report but corporate spokesman Chuck Malloy said "there may be actions taking place by mid-April" at the Hillsboro campus.

Malloy said the five percent cuts would be occurring throughout the year.

“I’m sure the IT department is doing something but I’m not going to comment,” Malloy said. He said cuts to positions did not necessarily mean layoffs. “There are other ways that can happen. We can sell businesses, normal attrition can come into play.”

However, Malloy said the the impact of the worldwide cuts would affect Oregon at some point.

More: Intel drives recent job gains in metro area

“Given the size of the workforce we have in Oregon, it’s not impossible to say Intel employees in Oregon will be affected by the changes,” Malloy said.

-----

Sara Roth contributed to this report

Print
Email
|