Intel fires 1,000 managers

Posted by wjl on Jul 14, 2006 9:29 PM EDT
lonien.de; By wjl
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What a contrast to the usual behaviour of sacking the workers! As the giant told the Sacramento Business Journal, it will “release” these 1,000 suits on July 28.

Has someone learned from the Japanese? Or are these the first signs of the 38% drop in profits because of competition and an awaited price war with AMD? They surely need that additional billion a year to beat dead their smaller rival - which will hopefully not happen…

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