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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Neocon who wrote (141716)5/2/2001 11:34:28 AM
From: Scumbria  Read Replies (1) | Respond to of 769667
 
Neo,

Why do you think this is happening?

Intel to Hire Outside U.S. Despite Job Cuts
NEW DELHI (Reuters) - Microchip giant Intel Corp (NasdaqNM:INTC - news) said on Wednesday it would continue to hire people at its units outside the United States despite 5,000 job cuts announced earlier this year as a result of a slowing economy.

The hiring and fresh investment would help the world leader in computer chips develop technologies and uses for its products that would offer strong business potential when the economy picks up, Patrick Gelsinger, a vice president at Intel, told reporters.

``Our headcount is shrinking in the U.S. and increasing globally,'' said Gelsinger, who is also Intel's chief technology officer for its technology and research labs.

Message 15743970