TweakTown
Tech content trusted by users in North America and around the world
5,979 Reviews & Articles | 38,634 News Posts

Intel to cut 4000 jobs

| Posted: Jul 17, 2002 2:05 am

The Inquirer is reporting after poor results from Q2, Intel has been forced to lay off 4000 employees.

 

INTEL SAID IT WAS BEING forced to cut 4000 jobs because of flatness in the PC market.
Most are slated for the remaining months in 2002, but the chip giant reckons that it will be able to lose them through non-replacement, voluntary redundancies, and perhaps by selling some peripheral businesses off.
More information at The Inquirer.

 

Further Reading: Read and find more news at our news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts
Check out TweakTown Polls on LockerDome on LockerDome

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases