Though Intel forecasts flat sales in 2019, people inside the company said this week’s layoffs don’t appear to be strictly a cost-cutting move. Rather, they said the cuts appeared to reflect a broad change in the way Intel is approaching its internal technical systems… Intel will now consolidate operations under a single contractor, the Indian technology giant Infosys.

Intel is laying off hundreds of their IT staff, according to the Oregonian. Unless you or a friend or family member is immediately affected, you’ve probably scrolled right past the news. That’s no shame on you; stories of layoffs are a dime a dozen in our newsfeeds. It’s easy to scroll right on past.

In March alone, EA laid off 350 people. Bed, Bath and Beyond laid off 150 workers. SAP is cutting 450 US jobs, Oracle is heading into layoffs and playing coy, but rumors are estimating it will be in the thousands. PayPal plans to cut close to 400 jobs. It was just announced that 1,500 employees are losing their jobs by September at a Fiat Chrysler plant. In Wisconsin, Shopko is laying off 1,700 people. Disney’s recent merger with Fox is generating speculation that anywhere from 4,000 to 10,000 workers will be laid off.

Continue reading →