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Mike Rogoway

Senior business writer at The Oregonian

Mike Rogoway is an award-winning reporter known for his excellence in leading business coverage at The Oregonian. With a Master of Business Administration in Finance from the University of Washington and a B.A. in History and English from Whitman College, his educational background is robust. Rogoway has been at the forefront of breaking national news on major companies in Oregon and excels in providing in-depth enterprise reporting on the state's economy and corporations.

Highlights

Aug 2 · linkedin

“We really aren’t in a situation where we could continue to afford benefits and programs that are above market practice,” Intel Chief People Officer Christy Pambianchi told employees in an all-company meeting Thursday evening.

In addition to slashing 15,000 jobs, Intel Corporation is cutting cherished benefits central to the company's identity -- reducing the value of employee stock purchases, permanently grounding the Intel Air Shuttle, cutting sabbatical eligibility and duration and cutting off free fruit and beverages.

Intel executives said they had to take drastic action to stabilize the company and admitted they didn't anticipate how badly the year would go for their business.

Here's more on yesterday's historic news. I'm at [email protected] and 503-294-7699 (and on LinkedIn and Twitter, of course...send me a note for my Signal line):

https://lnkd.in/gf6uVs2R

Mike Rogoway
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Location

Portland, Oregon Area