Jones to replace Sampat at Intel

BANGALORE: Franklin Jones will be replacing Ketan R. Sampat as the president of Intel India next month.

According to information available, Sampat will be taking up a new role in the company.

Meanwhile, sources in the industry said Intel India is planning to sack 100 more employees who have submitted fake bills to claim allowances like conveyance, drivers' salaries and LTA. The chipmaker had already fired a significant number of employees.

Without confirming the exact number of employees being sacked, an Intel spokesperson said that this matter relates to the violation of code of conduct. “Intel does expect very high standards of employee conduct and business ethics. This audit is confidential so details will not be available. Intel does not discuss personnel matters. Suffice to say corrective actions have been taken,” the spokesperson said in an e-mail reply to CyberMedia News.

Sources in the industry said Intel might reduce their workforce by 15 per cent. However, the company said that they don't comment on the specifics of investigations. “We can say that we conduct all investigations thoroughly, professionally and in compliance with the law,” the company said.