Waiting for Intel...and Xerox?

Tomorrow's a huge day in the Silicon Forest, as Intel announces its Q4 numbers and its 2009 outlook.
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Intel preannounced sales figures last week, and the news was grim. The company likely doesn't have a lot of visibility on its future, given all the economic uncertainty, but investors will still be interested in Intel's best guess and the company's Washington County employees will be closely listening for what kinds of cost cuts their employer has in mind.

Meanwhile, in Wilsonville, I hear employees are nervously awaiting details of how Xerox will implement big job cuts outlined last fall. Word could come as early as tomorrow, I gather.

Xerox has 1,600 employees at the former Tektronix campus just east of I-5.

In October, Xerox said it would cut 5 percent of its global work force. If applied evenly across the company, that would take the Wilsonville site down by 80 people or so.

Economic conditions have worsened since Xerox first outlined its cuts, but the Wilsonville site's color printing work is very important to the company's growth plans. So it's an open question how the cuts will play out in Oregon.

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BY The Silicon Forest Blog
Source：OregonLive.com

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