Daily Archives: September 6, 2006

Intel Cuts 10k+ Jobs to Make Money

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Intel plans to cut 10,500 jobs in order to save $3 billion by 2008. The job cuts, which are purportedly a result of market share loss to rival AMD, make up some 10% of Intel’s workforce. Rumor has it that the 10k mark is on the lower side, and Intel...

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