CHIPMAKER Intel will lay off "a small percentage" of staff from its McAfee division.
Intel's multi-billion dollar purchase of McAfee in 2010 caught many by surprise as it wasn't clear how Intel would integrate McAfee's employees and its products into its own products. Two years on and Intel is planning to lay off a small percentage of McAfee's 7,100 employees, according to a spokesman.
McAfee spokesman Ian Bain told Reuters that there will be a cut in staff numbers at the Intel division but wouldn't give any further information on specifics.
Intel came off a brilliant 2011 that saw the company report record revenues and profits, but 2012 has been decidedly different. Not only did the firm revise down its revenue forecasts for the third quarter, which it will report next week, but it is facing real competition from ARM based vendors thanks to Microsoft planning to release Windows RT later this month.
McAfee's future as an anti-virus supplier isn't looking particular healthy either, as the whole IT industry comes to the realisations that not only is anti-virus software largely useless against contemporary security threats but through the use of app stores firms such as Apple and Google are able to block mobile device malware at its primary sources, albeit to varying degrees.
Intel claims McAfee's technology will eventually end up in silicon, and while that makes sense, it seems that some of McAfee's employees will suffer. µ
Plus the cost of ambition as moonshots eat into the coffers
Spoiler alert: it's probably VeriSign
Did we say cuts off? We meant traps them inside their own home