Feeds

Intel to lay off 16,000 workers?

Heard on the grapevine...

Choosing a cloud hosting partner with confidence

Is Intel about to rid itself of 16,000 workers - just over 16 per cent of its global workforce - later this month? So suggest whispers doing the rounds among Silicon Valley's technology community at the moment.

That's what blogger Omid Rahmat claims at least. It's certainly no secret that Intel is examining every part of its business for signs of under-performance - CEO Paul Otellini said as much in April this year.

"In terms of non-performing businesses, anything with a bracket will be looked at," he said. "It would be too simplistic to simply do a reduction in force," he added, surely implying the business review will come in addition to job cuts?

So far, Intel has closed down a research facility in Glasgow, and analysts have suggested it will drop its Flash memory and comms chip operations. In November 2005, Intel partnered with Micron to form a Flash-making JV in part to supply Apple with Flash chips.

According to a TGDaily report, Otellini will speak to the troops on 15 June - a likely date, it suggests, for the redundancies announcement.

Intel currently employs around 99,900 people around the world. ®

Secure remote control for conventional and virtual desktops

Whitepapers

Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.