From reuters “Intel to reduce global workforce by five percent in 2014“
Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said on Friday.
The announcement, equivalent to over 5,000 positions, comes a day after Intel posted a fourth-quarter earnings report that did little to dispel concerns about a slowing PC industry.
“This is part of aligning our human resources to meet business needs,” spokesman Chris Kraeuter told Reuters on Friday.
The job reductions may include early retirement, attrition and other options, Kraeuter added. He declined to say whether details of the changes had been announced internally.
I predict more layoffs and not just in New Mexico and it sounds like they will be in the first quarter of 2014.
In its report on Thursday, Intel forecast March-quarter restructuring charges of $200 million, a portion of which could be earmarked for severance pay.
Yesterday Intel announced that it’s closing the Massachusetts fab 17 affecting 700 employees, according to the Boston post “Intel will close Mass. plant, cut 700 jobs“. Today Intel announced that it’s “redeploying” 400 people at it’s Rio Rancho Fab11x plant according to the Albuquerque Journal “Intel cutting 400 positions from Rio Rancho plant“.
“Due to a shifting market, we are making some difficult business decisions. Specifically, in New Mexico, we have notified employees of a phased process of redeploying up to 400 positions,” company spokeswoman Natasha Martell Jackson said in an email.
The company said it is offering Rio Rancho employees jobs at other Intel locations, buyouts and severance packages to achieve the workforce reduction. Once it becomes clearer how many are willing to take the various offers, the company said it will be able to offer more detail on the reduction.
In March of 2009 Intel had layoffs and I wrote “Planning For Loosing My Job And Extended Unemployment” when the Rio Rancho site laid off 200 people.
I survived that layoff and wrote “Intel’s New Mexico Site Layoffs, One Week Later“. I don’t know if I will survive this one.
A few more articles from The Albquerque Journal “Intel plant in Rio Rancho cutting 400 jobs” and “City reacts to Intel’s job cut announcement“.
First Solar was looking to built a factory in either Arizona, New Mexico or Austin. An azcentral.com article looks at what Arizona paid to get the factory built there.
The factory will employ 600 people in Mesa, but it signifies more than that. The facility, operated by an Arizona-based company that is a major international player in solar-panel production, will make Broome’s job of attracting more alternative-energy companies easier.
Had Arizona lost the factory to Austin or Albuquerque, it might have been impossible to attract other solar companies to Arizona, he said.
First Solar wrangled at least $51.5 million in potential incentives out of the state, county and city, bought its land at a steep discount, and – perhaps the clinching factor – scored a discount on its power bills.
“The incentive from New Mexico was staggering. It was, like, hundreds of millions of dollars,” Broome said. “New Mexico was even offering to finance the construction of the building. Texas was a good $20 million less expensive than us.”
The article mentions that they offered a discount on electricity to First Solar, a similar discount was offered to Intel to build their new factory in Chandler. It’s interesting to note that First Solar President Bruce Sohn is a former manger from the Intel Rio Rancho factory.
Normally I wouldn’t write about the murder, death, kills in Albuquerque. The local media does a good enough job at that. I didn’t see the local media tell the horrific details that buggs did on a photo in his flickr stream.
Tiffany Toribio placed her hand over her 3-year-old son’s mouth as he slept on this playground bridge in the middle of the night.
She held him down until he stopped squirming.
Toribio then performed CPR on her son Tyrus who started breathing again. He was shaking, his eyes were rolled back. She then suffocated him again. She placed her hand over his face until he stopped breathing.
Only this time she didn’t revive little Ty.
She dug a hole with her hands in the sand underneath a swing set, put Ty in it and buried him.
A portal (pronounced port-al not port-ol) is what they call porches in New Mexico, at least when referring to Santa Fe style architecture.
This weekend I helped my friend Rick install a portal along with three other people. He said he needed help with raising one beam and it would take an hour. Riiiiight…
We ended up putting up the whole porch cover and it took about 5 hours. That’s OK, he will be over helping me with my projects.
We connected together 8 inch posts to corbels creating a 12 foot tall structure. This structure weighed too much for even five guys to raise and our first attempt failed with the corbels nearly falling off. OSHA would have shut the operation down.
Once we finally got the posts raised and used temporary 2×4 supports to keep it from falling over. Luckily there were no strong winds.
We them raised five 8 inch vigas (cross beams) that also weight too much and yet somehow we figured out a way to get them 12 feet in the air. We did not install the latillas, that’s Ricks job.
View the whole flickr set from my friend Rick on his flickr page.
A few days ago I wrote about Google using goats to control grass on their property. Techcrunch didn’t seem impressed and was worried about the jobless human mowers.
The city of Mesa, Arizona has used 70 goats for the last 50 months to clear vegetation around a water reclamation plant. They expect to save $10,000 by using goats.
Besides being cost effective, it reduces the use of fossil fuels, toxic chemicals and pesticides. It’s a pollution-free way of ridding the three retention ponds of compromising vegetation, Satter said.
Goats’ bodies break down plants in such a way that they won’t grow back when it becomes waste, making the job more permanent than what a machine can do.
It’s not mentioned how many people it took to mow the grass with machines vs. taking care of goats. I suspect goats are more labor intensive that mowers.