Intel Feeling The Recession Pinch

In the so-called times of crisis (I’m not believing it), everyone is affected from small guns to the big barrels; like Intel. And recently, Ryaz Pattel whom I met at the Tumpang-Intel Core i7 event, reported his visit to Low Yat plaza was proof of the recession. He calls it the ‘R’ word.

I really liked the part in his post regarding economics when he shared how a government incentive would help during this time. Which I’d like to quote:

Who benefits from a big, broad incentive like this?

Let’s think about the jobs it can create:

Directly, it’ll impact…

• the retail sales person who sells you the broadband and internet device (ie: the PC),
• the marketing people who created the broadband package you’re buying,
• the designer(s) who creates the flyers and brochures for the promotions.

Don’t forget…

• the technician who loads the software,
• the software developer who wrote some of the cool applications you use,
• the broadband technician who tweaks his network to support your subscription.

What about…

• the delivery man who stocks the stores,
• the factory worker who assembled your PC,
• the procurement person and
• the accountants, the banks, the finance people in the backroom?

The impact will trickle down to…

• the cleaner who keeps the store dust-free and windows clean,
• the security man who walks around making sure you’re safe after your purchase,
• the insurance salesman who sells insurance to the retail store in case of theft or fire.

His article; On the Growth Path to Emerge Stronger, to me tells Intel is as much worried like any other human living on this planet.

So in this time of so-called need, we’re relying on what the Malaysia government can do (with our taxes) to asisst us this year.

Has your company felt the pinch already?

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