The comments from the company come following claims that the company was making these cuts in a bid to claw back the cash and make up its falling profits, which dropped 27 percent in the last quarter.
Earlier this week the reliable sources told ChannelEye there had been “talk” of pay freezes, while vacancies that had been left open for months had yet to be filled.
When Intel was initially contacted regarding these claims, its press machines told us that the company didn’t “comment on rumour or speculations”,
However, it seems someone has had a change of heart – or woken from its media slumber, with the company now issuing a further statement.
It told ChannelEye today: “Just to follow up with confirmation from HQ. [ChannelEye’s] report is false, there are no pay cuts or frozen hiring.”
We say watch this space.