Tuesday, September 5, 2006
Intel Malaysia is implementing a second voluntary separation scheme (VSS) on Wednesday which is expected to involve between 1,000 and 2,000 employees in the country.
The exercise is part of Intel’s worldwide VSS scheme said to involve between 10,000 and 20,000 workers. It is also the second VSS offered to employees within two months, the first being on July 13.
The multinational now employs about 100,000 workers worldwide compared to 80,000 three years ago.
In Malaysia, Intel has over 6,500 workers in Penang, about 3,500 in Kulim, and about 200 in Cyberjaya.
Intel sources said a worldwide e-mail memorandum on the forthcoming VSS exercise was issued on Thursday in the United States by top management to all its employees
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