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Memo: Intel's manufacturing VP says Intel plans to cut 15%-20% of factory staff from July "to meet our affordability challenges and current financial position" (Mike Rogoway/Oregonian) from Techmeme RSS feed.
Memo: Intel's manufacturing VP says Intel plans to cut 15%-20% of factory staff from July "to meet our affordability challenges and current financial position" (Mike Rogoway/Oregonian)
Mike Rogoway / Oregonian:
Memo: Intel's manufacturing VP says Intel plans to cut 15%-20% of factory staff from July “to meet our affordability challenges and current financial position” — Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker's core businesses.