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Intel job cuts become clearer
Intel announced 10,500 job cuts a few weeks ago, but was extraordinarily vague about where they were coming from. It seems that The Inq. has heard rumors that the job cuts would be focused around Intel Capital, Sales/Marketing and R&D.
Next up comes the most troubling, Intel will cut R&D in Oregon. We are not sure how deep this will go, but anything here is disturbing. Intel is in a fight for its life with AMD right now, and this is at the heart of its competitive edge. If Intel does anything more than a cursory cleaning out of dead wood here, it could signify a much deeper malaise at the company. Overall, the cuts were where we expected them, but the strongly hinted at cutting of only non-technical people doesn't hold water any more.
Posted by | Thu, Sep 21, 2006 - 01:23 PM
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