This is being reported all over the place today – Intel is laying off 1000 managers. There was a company-wide email from Paul Otellini this morning explaining the measures. And this news alert just happened to show up on my MSN Direct SPOT watch at lunchtime.
I’m not going to talk more about it for a while, out of respect to those who have learned (or have yet to learn) their fate. It’s not my role as a corporate blogger to spread rumors or break news. But I figured a lot of people would be wondering what I thought of this news, so I wanted to post my stance on the matter. I’m not a manager, so I’m not directly affected, but I’m sure I will be, indirectly.
Is it a good thing for Intel? I guess we’ll see down the road. This is the first real layoff that Intel has done since the 80s – they usually use something called redeployment, where you have a period of time to try to find another position inside the company. This was an out and out layoff. A bold move as part of the ongoing restructuring of the company.
There was a KATU.com news camera crew interviewing someone outside of the Jones Farm 3 building when we got back from lunch today. I’m sure there will be a lot more news and talk about this, and it’s ramifications, but for now, I’m keeping my mouth shut, because layoffs suck, and cause a lot of really strong emotions in everyone involved. Best of luck to those Intel managers that got the bad news. Start a blog if you don’t already have one, to show off what you know, and what you’re good at, and to get your name out there for prospective future employers.