Tuesday, September 05, 2006

Intel Corp. to cut 10500 jobs (AP)

An unidentified jogger runs past the Intel Corp. Ronler Acres Campus entrance in Hillsboro Ore. Tuesday Sept. 5 2005. Chip-maker Intel Corp. said Tuesday a total of 10500 jobs will be eliminated over the next year through layoffs attrition and the sale of underperforming business groups as part of a massive restructuring. (AP Photo/Don Ryan)AP - Shares of Intel Corp. fell in after-hours trading after the world's largest chip maker announced sweeping job cuts that some investors believed were not severe enough.


posted by Smile Community @ 10:51 PM

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