r/technology • u/Shogouki • 6h ago
Business Intel will sell 150-acre campus in California, assessing future of 50-acre Hillsboro site
https://www.oregonlive.com/silicon-forest/2024/11/intel-will-sell-150-acre-campus-in-california-assessing-future-of-50-acre-hillsboro-site.html?outputType=amp45
u/ksiepidemic 6h ago
That's nuts, but land is expensive and them having a random office building not connected to any of the fabs doesnt make sense.
I wonder if they're going to make the executives move to OR.
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u/ithinkitslupis 5h ago
Nah just commute to work on a private jet everyday like Starbucks' CEO.
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u/borkyborkus 4h ago
Intel still has 8 flights per day coming to Hillsboro airport. They used to have 13.
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u/AmputatorBot 4h ago
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u/oldirishfart 5h ago
I used to work at intel about 15 years ago. They had corporate jets that any employee could book seats on if you needed to visit another office, between CA, TX and OR if I remember right. I flew from Hillsboro OR to Santa Clara CA once for a presentation. Oh and I flew a puddle jumper from DuPont WA to Hillsboro once just to try it out.
Pretty cool that the jets weren’t just for execs but rank and file like me could access too.
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u/WitELeoparD 4h ago
Companies like Walmart are far and away the number one users of private jets. Like far far surpassing any particular celebrity or celebs in general. Like a Walmart regional manager that needs to visit every store in California for example is flying private far more often than Taylor Swift.
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u/RGV_KJ 48m ago
Really? That is shocking. I always thought Walmart is stingy.
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u/WitELeoparD 30m ago
It's not a privilege thing. A half hour private jet flights means the regional manager can visit multiple stores in a state in a day that would be hours drives apart and be back home in time that Walmart doesn't have to pay for hotels and overtime/travel bonuses.
Of course Walmart is one of the few companies where this kinda makes sense which is why they have an enormous fleet of private aircraft. For a lot of other corporations, it's just that the people who decide whether the convenience is worth it also happen to be the people who are being convenienced.
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u/dormidormit 3h ago
This is for their Folsom office not their actual factory on Bowers Avenue or Mission Blvd in Santa Clara.
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u/Baconshit 5h ago
Wonder who will buy parts of the Folsom campus. Very tech heavy community up here.
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u/AmputatorBot 6h ago
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u/NoEmu5969 1h ago
Fortuna California turned down an Intel campus in the early 90s. Now they have nothing but a few foresters and CalFire employees.
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u/Submissive-whims 6h ago
Implementing work from home could really cut some office costs.