TweakTown
Tech content trusted by users in North America and around the world
5,930 Reviews & Articles | 38,203 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

TweakTown Web Poll

Question: Facebook's acquisition of Oculus VR will...

Improve Oculus Rift Development

Hamper Oculus Rift Development

Completely destroy Oculus Rift Development

Let's wait and see, I'm not sure

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases