Intel's Newest Job Destruction Campaign

Date: Sunday, September 01, 2002 12:12 PM

*** H-1B NEWSLETTER ***

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Intel announced that they will continue to fire Americans and move their
operations to Bangalore. To make these unemployed workers feel good they are
holding a few "job fairs". To add insult to injury Intel admits to massive
firing in the US while hiring in Bangalore. You can bet that the
"redeployed" employees they are referring to are the H-1Bs at U.S. Intel
plants that will be moved back to India now that they have been trained in
the newest technologies. Why isn't Intel investing that $100 million dollars
in the US instead of Bangalore, and just who do they think they are kidding?

http://portland.bizjournals.com/portland/stories/2002/08/26/daily56.html

18:28 EDT Friday

Intel holds job fairs for 'redeployed' employees, while hiring overseas
Aliza Earnshaw

Intel Corp., Oregon's largest technology employer, is proceeding with
previously announced job cuts, while hiring software engineers for its
development center in India.

Intel has been holding monthly "job fairs" at its site in Hillsboro for
"redeployed" employees. Other area employers are invited to attend the job
fairs, where they have the opportunity to interview and hire Intel employees
whose jobs have disappeared in cuts within Intel, or who have taken Intel's
buyout packages, or "voluntary separation."

Online news agencies reported yesterday that Intel CEO Craig Barrett,
traveling this week in Asia, has said that Intel will invest at least $100
million in its Bangalore, India, software development center, hiring
anywhere from 1,000 to 3,000 engineers over the next few years.

InformationWeek reported Intel's investment target as $200 million, while
Reuters and the Press Trust of India cited a figure of $130 million. The
Associated Press reported a figure of "at least" $100 million for Intel's
investment in Bangalore. In March this year, Intel's Bangalore design center
announced that it would add 200 engineers by the end of this year, boosting
employment there to about 1,000.

Intel's steady hiring in India, a region where highly educated software
developers are available in plenty at wages that are a fraction of the going
rate in the United States, stands in contrast to its layoffs at other sites
around the world, including the company's Hillsboro site.

Intel has said that it will lay off 4,000 employees worldwide by the end of
the year, mostly through attrition and buyouts. Last year, Intel cut about
5,000 jobs, again mostly through attrition and buyout packages.

Intel has Career Resource Centers set up at each of its major sites, where
employees who have been redeployed have access to career counseling and
networking advice and the use of computers, phones and a job board. Intel
held a job fair in July, which is said to have drawn 50 redeployed Intel
employees, and another in August. Another is planned for September. It is
said that 200 redeployed Intel employees are in the current "job pool," but
Gail Dundas, a spokesperson for Intel, neither confirmed nor denied those
figures.

Dundas did confirm that redeployed employees have a wide range of "skill
sets," including software programming.

While Intel's hiring freeze continues inside the United States, the company
has said it will continue to hire where its markets are growing. Intel
Oregon spokesman Bill MacKenzie said that while Intel certainly plans to
increase its investment in India, "We don't have any specific plans at this
time. Any decision regarding expansion in India is almost wholly dependent
on an upturn in overall economic conditions." However, MacKenzie also
confirmed that Intel's longer term strategy includes investing in regions
where markets are growing. "The Asia Pacific region has been our fastest
growing geography for quite some time," MacKenzie said.

Contact Aliza Earnshaw at 503-219-3433 or by e-mail at
aearnshaw@bizjournals.com.

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