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OREGON'S LARGEST PRIVATE EMPLOYER Intel to cut 12,000 jobs; it's Oregon's largest private employer Chipmaker confronts decline in PCs Comment By Brandon Bailey The Associated Press MailTribune.com By Brandon Bailey The Associated Press Posted Apr. 19, 2016 at 5:00 PM Updated Apr 19, 2016 at 7:10 PM By Brandon Bailey The Associated Press Posted Apr. 19, 2016 at 5:00 PM Updated Apr 19, 2016 at 7:10 PM » Social News SAN FRANCISCO — Intel is cutting 12,000 jobs — about 11 percent of its workforce — as it reorganizes to confront a decline in sales of personal computers. The giant chipmaker made the announcement Tuesday as it reported lower-than-expected sales for the first quarter. This as industry analysts say an extended slide in global PC sales is showing no signs of leveling off. Intel is Oregon's largest private employer, with 19,500 working at campuses in Washington County. The company gave no immediate indication of how the layoffs will be distributed, The Oregonian reported Tuesday. If applied evenly across the business worldwide, the company would eliminate 2,150 Oregon jobs, the newspaper reported. Intel, which has long been the world's leading maker of PC chips, is now trying to expand into other types of computing. "It's time to make this transition," CEO Brian Krzanich told analysts. While calling the job cuts "difficult," he said they would help the company sharpen its focus in new areas. The latest cuts follow an earlier reduction of about 5,000 jobs announced by Intel in 2014, and analysts say they may not be the last. "These companies are so big that it takes time" — and sometimes multiple rounds of restructuring — to change direction, said Patrick Moorhead, a longtime industry expert at Moor Insights & Strategy. Krzanich has been pushing Intel to change its focus from PCs to other computing segments that are growing and providing more profit. These include making microprocessors for "cloud computing" data centers, along with chips for Internet-connected gadgets, wearable devices and drones. "We are evolving from a PC company to one that powers the cloud and billions of smart, connected computing devices," he said in a statement. Intel said the job cuts will include "voluntary and involuntary departures" over the coming year, some of them occurring as Intel consolidates some of its PC chip operations into fewer locations. A spokeswoman declined to say exactly which jobs or locations would be affected. Intel has large campuses in Portland; Chandler, Arizona; Rio Rancho, New Mexico; and Santa Clara and Folsom, California. It also has facilities in countries including Israel and China. Most of the affected workers will be notified in the next 60 days. Intel said nothing publicly about severance for its outgoing employees, The Oregonian reported, but in past job cuts — including a round of semi-secret layoffs last year — the company has provided employees at least a few months of salary. Laid-off employees often have an opportunity to seek new jobs within the business, a practice Intel calls "redeployment," the newspaper reported. The cuts are likely to involve divisions making and selling chips for traditional desktop and laptop computers, Moorhead said. He noted Intel has signaled its plans to continue investing in chips for gaming consoles and new "two-in-one" devices that resemble tablets with detachable keyboards. Those devices are still seeing strong sales growth. By Brandon Bailey The Associated Press MailTribune.com By Brandon Bailey The Associated Press Posted Apr. 19, 2016 at 5:00 PM Updated Apr 19, 2016 at 7:10 PM » Comment or view comments Reader Reaction » STAY INFORMED Email NewsLetter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Southern Oregon Directory Featured Businesses Loading... 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