Two points concerning labor mobility.
- Intel will lay off 11% of its global workforce, up to 12,000 employees, a painful downsizing aimed at accelerating its shift away from the waning PC market to one more focused on cloud computing and connected devices. In an email to employees, CEO Brian Krzanich said that after the restructuring, "I am confident that we’ll emerge as a more productive company with broader reach and sharper execution." Intel CFO Stacy Smith said that half the workforce reduction, 6,000 people, will be accomplished by the end of this year.
- Intel Corporation has filed 6147 labor condition applications for H1B visa and 4238 labor certifications for green card from fiscal year 2013 to 2015. Intel was ranked 14 among all visa sponsors. Please note that 602 LCA for H1B Visa and 689 LC for green card have been denied or withdrawn during the same period. Intel had filed 8065 LCA and 3423 LC from fiscal year 2001 to 2010