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intel: Intel may cut thousands of jobs globally: Report

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Chipmaker Intel Corp is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal computer market, Bloomberg News reported, citing people with knowledge of the situation.
is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal computer market, Bloomberg News reported, citing people with knowledge of the situation.
The layoffs will be announced as early as this month and some of
‘s divisions, including the sales and marketing group, could see cuts affecting about 20% of staff, according to the report.

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