Intel Cutting Up to 10,000 Jobs


 

Cnet is reporting that upwards of 10% of Intels staff could be cut during a major restructuring.

The job cut is likely to weigh particularly heavily on marketing staff. Intel studies comparing its own staffing levels to competitors’ concluded that the ratio of marketing personnel to salespeople was too large, the sources said.

Intel declined to comment on the layoff plan. The company has committed to announcing the analysis results by the end of September, spokesman Chuck Mulloy said, but added, “We have not communicated publicly what the plans are with respect to that.”

You would think with how well the Core processors are being taken into the market, that Intel would not need to make such a drastic move. I guess AMD ruffled their feathers more than I thought.

I think that slimming down will help Intel become more agile in the marketplace and hopefully a thought leader in processors. Give those AMD boys a run for their money. I feel bad for all those that are going to lose their job though. I laugh at those that say the tech industry is at the start of a boom?


 

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