16 July 2006 03:00
Update: Intel may cut up to 15000 jobs, says analyst
Troubled Intel Corp. plans to fire 1,000 managers as part of an effort to cut $1 billion in costs, a company spokesperson said Thursday (July 13). Spokesperson Chuck Mulloy confirmed that the company had informed employees Thursday morning that 1,000 managers would be let go as the first action of the company’s previously disclosed restructuring
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