Intel to create 10,500 jobs

Intel to create 10,500 jobs

Friday, 26 February 2010, 02:42 Hrs   |    9 Comments
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Intel to create 10,500 jobs
Washington: Intel has announced plans for it and other companies to double their hiring of college graduates, creating more than 10,500 jobs. It is working with a range of venture capital firms to organize $3.5 billion in investment in technology, reports Reuters.

Otellini has estimated the annual paychecks would total more than $1 billion. According to him, the chipmaker has organized a group of 24 venture capital firms to invest in technologies to create economic growth and jobs. "The members of this alliance have committed to invest $3.5 billion in promising clean technology, information technology and biotechnology companies over approximately two years," Otellini said in a speech at the Brookings Institution think tank. "As part of the alliance, Intel Capital will participate with its own $200 million commitment."

Venture capital firms involved in the initiative include Advanced Technology Ventures, Braemar Energy Ventures, Bridgescale Partners and 21 others.

The companies involved in the hiring of new college graduates include Accenture, Adobe Systems, Autodesk, Broadcom, Cisco Systems, Dell, eBay, EMC, General Electric, Google, Hewlett-Packard, Liberty Mutual Group, Marvell Technology Group's Marvell Semiconductor, Microsoft and Yahoo.

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Reader's comments(9)
1: This is just a news. . i would be happy if they proceed with the words. .
Posted by:Sakthivel Viswanathan - 28 Feb, 2010
2: hope they come for BIT, bangalore and hire graduates here
Posted by:sravan - 26 Feb, 2010
3: i want these companies to come to my college for campus recruitment. HINDUSTAN COLLEGE OF ENGINEERING CHENNAI. WE(students) ARE WAITING FOR CAMPUS INTERVIEWS
Posted by:CHANDRAMOULISWARAN - 26 Feb, 2010
4: Now to save cost every company is recruiting freshers. Job market for experienced people is worst and that too, for managers pathetic.
Posted by:The Truth - 25 Feb, 2010
5: will it count exeperirnce forvnr profile
Posted by:sheena - 25 Feb, 2010
6: is this opportunity only for regular student? if yes then what about those student who is studying through distance learning?
Posted by:Ashwani Kashyap - 25 Feb, 2010
I understand your concern, but you are putting the issues to wrong body. why should these private companies give ur answer. If they need regular then they are clear on this.

now you ask government that why gov allow theses type of courses and if then why he is not providing jobs....
Vishal Sachan Replied to: Ashwani Kashyap - 25 Feb, 2010
education does have any form its just the subject knwledge counts then also its a valid q why govmnt the cmpny shuld also answere this q ,bcoz they also have responsibilities to gvrment
Ayan Sen Replied to: Vishal Sachan - 25 Feb, 2010
9: amazing. will this be global?
Posted by:dona - 25 Feb, 2010