The Latest in IT Security

Intel to reduce global workforce by five percent in 2014

18
Jan
2014

By Noel Randewich SAN FRANCISCO (Reuters) – Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said on Friday. The announcement, equivalent to over 5,000 positions, comes a day after Intel posted a fourth-quarter earnings report that did little to dispel concerns about a slowing PC industry. This is part of aligning our human resources to meet business needs, spokesman Chris Kraeuter said. The job reductions may include retirements, voluntary programs and other options, Kraeuter said, adding that Intels typical annual attrition worldwide is about 4 percent.

Comments are closed.

Categories

SATURDAY, APRIL 27, 2024
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments