Intel cuts 4000 jobs
Poster: Aron Schatz
Posted on July 16, 2002 at 10:32:01 PM
Who else is hiring? I hope you all find jobs.
Cutting the work force may not provide the tonic Intel needs. Consumers are buying cheaper computers, and the company's foray into the communications market is stalled by a prolong downturn in telecommuncations equipment spending. At the same time, the need to invest in capital equipment, while slightly decreasing, remains high.
Cutting the work force may not provide the tonic Intel needs. Consumers are buying cheaper computers, and the company's foray into the communications market is stalled by a prolong downturn in telecommuncations equipment spending. At the same time, the need to invest in capital equipment, while slightly decreasing, remains high.