by Adelle Nazarian 21 Jul 2015
During an internal meeting last week, the multi-billion dollar company’s CEO Brian Krzanich said Intel would be more vigorously implementing a policy he suggests has been in place for years and which has resulted in the laying off of hoards of American workers.
According to Business Insider, Intel employees have been laid off based on a policy which evaluates “the level of performance-based stock grants they received” from last year, as opposed to its standard annual-review-based layoff process. Krzanich reportedly described this policy to irate, devoted employees as being “the way a meritocracy works.” He also told them that they should “[e]xpect that in the future we’ll probably do similar types of things.”
The company is complicit in laying off American workers from their posts while advocating for an increase in H1B visa workers. Once an employee is laid off, they are never eligible for rehire at Intel again, which Business Insider notes is a policy most workers are not aware of.
Read more here --> http://www.breitbart.com
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