Intel to cut 10 500 jobs by the middle of 2007

The world's number 1 chipmaker said on Tuesday the 5th, that it would cut its total workforce by 10% in order to increase efficiency and cut costs. 7 500 jobs will disappear by the end of the year, and an additional 3 000 by mid 2007. (Réf. 06856)
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Intel’s management confirmed on Tuesday September 5th its intention to shed 10 500 jobs in the coming months, a move Intel’s chief executive described as “difficult” but “essential to Intel becoming a more agile and efficient company”. Most job losses this year will involve management, marketing and information technology positions. However, in 2007, the company says the cuts “will be more broadly based as Intel plans to improve labor efficiency in manufacturing and eliminate organisational red

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