Intel Will Slow Hiring Through Year’s End
Intel lowered its revenue forecast for the year Wednesday, but doesn’t expect to conduct widespread layoffs as a result. Instead it will slow down the pace of hiring, a spokesperson told Dice News. “We have no plans to change the overall size of the workforce, but do plan to slow down our hiring overall,” said the spokesperson, Chris Kraeuter. “We will focus primarily on making strategic hires and moving people around where we need, as we make adjustments in our strategy.” Intel closed out 2012 with 105,000 employees worldwide, a 4.9 percent increase over the previous year, according to the company’s annual report. As of June 29, the company had a total of 106,000 workers, Kraeuter said. When it comes to "strategic hiring," engineers and developers should look to comments from CEO Brian Krzanich: “Intel Atom and Core processors and increased SOC integration will be Intel's future,” he said in a statement accompanying the company’s earnings report. “We will leave no computing opportunity untapped. To embrace these opportunities, I've made it Intel's highest priority to create the best products for the fast growing ultra-mobile market segment.”