According to Mike Rogoway at the Oregonian, Intel is gearing up for a round of job cuts that could be announced as early as this week. And, if his sources are correct, this reduction could be more substantial than those done last year. [Update: Intel has announced a reduction of 12,000 jobs worldwide, 11% of the global workforce.] The cuts may signal a shift of focus for Intel and will undoubtedly impact many on an individual level.
And if that’s you, Cordant has some resources, listed below, that may help you if you’re impacted by this round of cuts—a personal strategic inflection point so to speak.
More than an average round of cuts, the current shake up in executive ranks may signal that Intel views itself as being at what the late Andy Grove termed a “strategic inflection point.” According to Jim McGregor, the founder of tech-industry strategist TIRIAS Research, “after seeing the upheaval in senior staff, it would not surprise me if structural changes are finally afoot.” He sees Intel heading for a “profound shift” as evidenced by its slowing of the pace for Moore’s Law and a consolidation of certain operations. As quoted by the Oregonian, McGregor says, “the company is finally realizing things have changed for the long term and they've shifted the focus of the company."