Intel is laying of workers because their business relies pretty

heavily on the PC industry which is in a prolonged state of decline and they haven't yet been able to really crack the mobile market. Intel employs 107,000 people worldwide and sponsored 2,500 H1B visas in 2015 at an average salary of $104K per year (so hardly a low cost pipeline of workers).

I don't think the layoffs and H1B sponsorships are related. Intel is a big company with a declining business and hasn't done a major layoff in quite a long time.

(In response to this post by ZeppoMarxJr)

Posted: 04/20/2016 at 09:39AM

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Intel Lays Off 12,000 People After Lobbying For More Foreign Workers -- ZeppoMarxJr 04/20/2016 08:23AM

Andrew Grove was one of the best ever buiness managers/leaders. -- ryno hoo 04/20/2016 12:14PM

I deposed him once. May have been the highlight of my career. -- KCHoo 04/20/2016 12:22PM

I'm sure he was just as thrilled :) -- ryno hoo 04/20/2016 12:45PM

Intel is laying of workers because their business relies pretty -- BocaHoo91 04/20/2016 09:39AM

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