You have to pay eternal attention to developments that could become a 10X factor in your business - Andy Grove - Only the Paranoid Survive
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Intel sharpens axe for layoffs
We reported last month that thousands of jobs could go, worldwide, as CEO Paul Otellini completes the 90 day plan to get Intel back into shape.
In July, he cut 1,000 managers out of the Intel loop, but news.com reckons that the marketing staff will take the brunt of the layoffs. Marketing people, it is a sad but true fact, are usually the first branches to be lopped off the corporate tree.
The Wall Street Journal's take is that as many as 20,000 jobs could go. The current headcount stands at about 95,000 or so - surely there can't be 20,000 marketeers at Intel? The firm has fabs and other factories all over the place and these institutions are people heavy.
L'INQ
news.com
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