Wednesday, May 29, 2024

Intel PH workforce decimated as global lay-off continues

US-based chip maker Intel appears to have fallen on hard times as the number of its employees in the Philippines has dramatically shrunk over the last few months.

Intel PH executives (from left) Wowie Wong, Calum Chisholm, Jason Ty, and Randy Kanapi have all left the company. Photo credit: www.digitalfilipina.com
Intel PH executives (from left) Wowie Wong, Calum Chisholm, Jason Ty, and Randy Kanapi have all left the company. Photo credit: www.digitalfilipina.com

From as high as 50 employees ? or even thousands when the company was still operating a test and assembly plant in the country ? Intel has whittled down its Philippine workforce into just five people as of this writing, a source from its local distribution network told Newsbytes.PH.

Among those who have earlier received the pink slip are Intel Philippines country manager Calum Chisholm, marketing and communications manager Randy Kanapi, business development head Carlo Subido, and government affairs manager Yvonne Flores.

The latest batch of employees to get a severance package includes veteran IT executive Wowie Wong, who was Intel?s market development manager, and Jason Ty, who was the company?s sales development account manager responsible for driving the channel server business.

The massive cut is part of the global workforce rationalization being implemented by the company. Industry observers attribute the move to slumping sales of PCs and the late entry of Intel in the lucrative mobile chip business.

While Australia is said to be the most affected country in the employee reduction program, countries in the Southeast Asian region like the Philippines have been likewise severely hit. The source said Vietnam, where Intel relocated its factory from the Philippines, is bracing for the axe to fall heavily as well.

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