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Technology Stocks : Intel Corporation (INTC)
INTC 38.33+3.5%Nov 5 3:59 PM EST

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To: Amy J who wrote (177240)3/7/2004 1:01:11 PM
From: Lizzie Tudor  Read Replies (1) of 186894
 
do you know how many jobs Intel will potentially create in the US if for some reason their caution was mitigated? Because they said they weren't going to grow there at the reuters conference. So how many positions are we talking about?

It really isn't too many orders of magnitude different in terms of costs to hire here vs offshore anymore, thats what I'm seeing. There is wage pressure here and a lot of jobs don't have healthcare anymore. At some point this pendulum *should* turn, unless it doesn't matter to the CEOs because they want to be present in what they consider to be the growth market.
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