Layoffs - Some of the chip maker's workers call the latest cuts "Black Tuesday"
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October 5, 2006
Scores of Intel workers in Hillsboro have been notified this week that their jobs are being eliminated, employees said Wednesday.
Dozens of workers, perhaps more, received the news Tuesday, according to employees. Some are calling it "Black Tuesday" and "D-Day."
Intel Oregon spokesman Bill MacKenzie acknowledged the layoffs, but declined to say how many employees were notified. He said the cuts were "not necessarily" Intel's biggest in a continuing series of layoffs begun early last month, and they certainly won't be the last.
"The redeployments are going to be taking place constantly, at different levels, different times," MacKenzie said.
Some employees call the ongoing campaign of layoffs "rolling thunder." Intel won't say how many of its 17,000 Oregon workers will lose their jobs but says worldwide it wants to eliminate 10,500 jobs from the 102,500 people the company employed at the end of June.
If applied evenly across the company, roughly 1,250 more Intel workers in Oregon would lose their jobs in addition to an unspecified number of people laid off during the summer.
Intel says it employed 16,835 in Oregon at the end of September, down by 418 from the end of June. Intel began 2006 with 16,462 Oregon workers and continued hiring early in the year as it prepared for new product initiatives and chip designs.
Though based in the Silicon Valley, Intel is Oregon's largest private employer. The company began cutting jobs in July after it lost market share in the microprocessor business to rival Advanced Micro Devices Inc.
Under a process called "redeployment," Intel employees whose jobs are eliminated during the ongoing cuts have the option of leaving immediately and taking a full severance package or accepting reduced severance while staying on for up to two months while looking for a new job inside or outside the company.
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