Intel told employees Friday they can work from home during the coronavirus outbreak if their jobs don’t require them to be in the office or factory. And the company banned international travel unless it is essential to the business.
“As a precaution, we have limited nonessential international travel and made working from home optional, for the time being, for those who are able to effectively do their work remotely and wish to do so,” Intel said Friday. “We’re monitoring the situation closely and working to ensure that our employees have the information and resources they need to stay safe.”
Intel is Oregon’s largest corporate employer, with 20,000 workers in its factories and offices in Washington County. While many workers could do their jobs remotely for at least a short period of time, the company couldn’t keep its manufacturing workers home without having a dramatic effect on production.
Intel has substantial operations in China, where the coronavirus has been widespread for several weeks, but the outbreak has apparently had no more than a modest effect on Intel’s operations there. On Monday, Intel Chief Financial Officer George Davis told an investment conference that the business continues to “operate on a relatively normal basis.”
The coronavirus has had a profound impact on Intel’s stock, though. Shares that were near $70 last month closed Friday at $55.77, falling along with the broader markets.
Relatively few Oregon employers have closed their offices during the outbreak. Tests have confirmed three people in the state have COVID-19, the disease caused by the coronavirus, and none of them have died.
Nationally, more than 300 people have tested positive for COVID-19, most of them in Washington or California. There have been 15 deaths, nearly all of them in the Seattle area.
Amazon, Google, Facebook and Microsoft have all told employees in the Puget Sound region to work from home for the time being. Twitter closed its Seattle office Friday afternoon after an employee working there was diagnosed as likely having COVID-19.
The University of Washington and a number of other colleges and universities in the Seattle area told students Friday to stop coming to class and some are shifting to online courses and tests.
-- Mike Rogoway | mrogoway@oregonian.com | twitter: @rogoway | 503-294-7699
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