"Small comforts" matter a lot at the workplace! Intel has decided to bring back the free coffee perk for its employees to boost morale and a positive atmosphere. The tech giant informed its employees last week that the company has decided to bring back free coffee and tea at its work sites, an Oregonian report said. Earlier, the company had decided to do away with these perks in order to cut costs as it sought to slash $10 billion from its annual budget.Intel, in an internal note to its employees, said,"Although Intel still faces cost challenges, we understand that small comforts play a significant role in our daily routines.”“We know this is a small step, but we hope it is a meaningful one in supporting our workplace culture.”At an all-company meeting last week, Intel's Chief People Officer, Christy Pambianchi, announced that the company had been spending $100 million annually on free and discounted food and beverages — a cost it can no longer afford. "Until we improve our financial health, these benefits will be temporarily suspended," Pambianchi said, according to a report from The Oregonian. Other perks, such as complimentary fruit, will also remain on hold.

Restructuring In Intel To Lead To 15,000 Job CutsThe company is looking to streamline its operation to cut down on costs and reduce its liabilities by $10 billion. The company is expected to cut 15,000 jobs, Intel CEO Pat Gelsinger had announced in August. The company will also be eliminating or reducing reimbursements for internet, phone, and commuting expenses amid worsening financial conditions and increased competition in the semiconductor industry.