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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: L. Adam Latham who wrote (168566)	7/21/2002 11:48:46 PM
From: Ali Chen	Respond to of 186894

"Hmmm...I wonder what's up. I get a weekly e-mail from Intel that's supposed to include all jobs, worldwide. Today it says no new jobs have been posted since 14-July, and usually there are 15-20 new positions each week. Maybe the ones that you found are older postings. It sure appears from the e-mail I received that no new job postings are being opened up." If you do the job search with the box "Within last 7 days" checked, you would find no jobs. - Ali

To: L. Adam Latham who wrote (168566)	7/22/2002 3:15:51 AM
From: Amy J	Respond to of 186894

Hi Adam, RE: "I wonder what's up" I don't know how Intel handles their layoffs and haven't done any myself so my knowledge is limited, but a contact who had to lay off 700 people (not at Intel) said companies try to avoid outside advertising for new positions when they are doing layoffs, in order to minimize mistakes where you accidently layoff someone in one group but then hire an outsider for the same position in a completely different group. It also minimizes lawsuits, where a person could attempt to claim their layoff was on faulty grounds by trying to point to an advertisement showing the company hired an outsider for the same position in a different group. I believe companies are too huge to sort through who they are laying off and hiring, so it's safer for everyone (employees seeking positions through internal ads and investors) to shut outside advertisement for hiring off, when doing layoffs. My WAG is this lasts for 3 to 6 months. She said companies can lay someone off and then hire someone else in exactly the same position after one year, without any risk of a lawsuit, but anything less than 6 months carries some level of risk that is directly proportional to your cash-on hand levels. So, the larger and more profitable a company, the more careful a company has to be. That's my WAG as to why they shut it off. They probably had to. As an fyi, Microsoft is hiring 5,000 new employees in the area of software engineering, customer support, etc. One would have to be prepared to work long hours. Maybe the two companies should work out some type of referral program to retain talent they both may need. Regards, Amy J

To: L. Adam Latham who wrote (168566)	7/22/2002 12:30:31 PM
From: semiconeng	Respond to of 186894

Hmmm...I wonder what's up. I get a weekly e-mail from Intel that's supposed to include all jobs, worldwide. Today it says no new jobs have been posted since 14-July Intel already announced that they will have to eliminate 4,000 positions by years end. Those people have first opportunity on any job postings. Therefore there will most likely be little or no outside advertising for positions, unless they post the job internally for awhile first, and then only advertise outside if the position can't first be filled by internal people. Semi