As Intel embarks on the move to eliminate around 12,000 jobs globally, close to 11 per cent of its global workforce, the chip maker’s operations in India may not be spared though the impact here might not be immediately felt.
India is one of the important research and development (R&D) sites for Intel globally, with more than 70 per cent of its overall employee base of around 7,000 (including those of McAfee) here are estimated to be in core R&D field. While the employees in India have been communicated about this move, it’s not still clear what could be the site specific impact. However, this has triggered a sort of uncertainty as Intel is known as one of the more employee friendly organizati…
Read the full article at: http://www.business-standard.com/article/companies/india-unlikely-to-be-spared-in-intel-restructuring-116042101040_1.html