Berkeley CSUA MOTD:Entry 44222
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2025/07/12 [General] UID:1000 Activity:popular
7/12    

2006/8/31-9/5 [Computer/HW/CPU] UID:44222 Activity:nil
8/31    Intel to have internal webcast Tuesday, presenting results of 90-day
        efficiency review.  <= 10,000 or 20,000 employees rumored to be laid
        off.
        http://news.zdnet.com/2100-9595_22-6111478.html
        http://www.theregister.co.uk/2006/08/31/intel_fire
        \- clever headline. nice use of "decimate" in the classical sense
           ["to kill one in 10"]. worthy of the e'ist. --psb
        \_ INTC up $0.17.
2025/07/12 [General] UID:1000 Activity:popular
7/12    

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news.zdnet.com/2100-9595_22-6111478.html
internal analysis in April to find ways to increase its efficiency. Otellini is scheduled to announce the results of the analysis, including the layoff, on Tuesday after the stock market closes, sources familiar with the plans said. Intel has about 100,000 employees worldwide, so the cut could be as high as 10 percent of the company's staff. The job cut is likely to weigh particularly heavily on marketing staff. Intel studies comparing its own staffing levels to competitors' concluded that the ratio of marketing personnel to salespeople was too large, the sources said. The expected cuts won't be the first big change in sales and marketing. That group previously was led jointly by Eric Kim and Anand Chandrasekher, but in July they moved to different roles and Sean Maloney was appointed sole leader. The company has committed to announcing the analysis results by the end of September, spokesman Chuck Mulloy said, but added, "We have not communicated publicly what the plans are with respect to that." Most companies would love to have Intel's financial results--for example, the $885 million in net income and $8 billion in revenue the company reported for the second quarter. But compared with the year earlier, that net income figure was a 57 percent drop and the revenue a 13 percent drop. Part of the problem: The chipmaker has lost share to rival Advanced Micro Devices, in particular in the server market where chips are sold at higher prices. AMD rose from having no server products three years ago to claim 26 percent of the x86 server processor market in the second quarter, according to Mercury Research. AMD now sells chips to all of the four major server makers. Dual-Core Intel Xeon Processor-based Platforms Introducing the new Dual-Core Intel Xeon processor for servers. As much as 60% faster and up to 80% more performance per watt than the competition. Increasing Data Center Density While Driving Down Power and Cooling Costs New Dual-Core Intel Xeon processor-based servers deliver leading performance, price/performance and energy-efficiency for a broad range of business applications.
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www.theregister.co.uk/2006/08/31/intel_fire -> www.theregister.co.uk/2006/08/31/intel_fire/
Find your perfect job - click here from thousands of tech vacancies CNET has come out as the first organ willing to put a firm number on Intel's alleged upcoming mass layoff. The online rag reckons that up to 10,000 workers will be cleaved from Intel's payroll. Word of the layoffs should arrive next Tuesday after the stock markets close their regular trading sessions. Rumors of large layoffs at Intel have swirled ever since CEO Paul Otellini said he would examine all possible cost cutting options. According to CNET, things will get worse for the Intel regulars next week when the company decimates its 100,000 strong workforce. The company has scheduled an internal web cast for Tuesday, which doesn't seem like an encouraging sign. "Intel CEO Paul Otellini will present employees a summary of Intel's structure and efficiency analysis," the company told its staff, according to a note seen by El Reg. "We have said before that we will disclose the results of our structural review sometime in the third quarter," Intel spokesman Chuck Mulloy told us. "We won't comment on specific dates or plans or results." European papers as well as dailies in states such as Oregon have speculated that Intel would make large cuts in the next couple of weeks. Workers have apparently sensed that the axe is about to fall and fall hard. The reality of the situation though is that Intel cannot support its current workforce and expect to post glossy financial results. AMD has came out of nowhere to claim 25 per cent of the x86 server chip market and increased its desktop processor share. If these trends continue, Intel can expect to own 60- to 70 per cent of the x86 market as opposed to the 80- to 90 per cent that it's used to.