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[News] Wintel Axes 10,500 Jobs, But More May Be Needed

Intel Corp. to Cut 10,500 Jobs

,----[ Quote ]
| Shares of Intel Corp. fell in after-hours trading after the world's
| largest chip maker announced sweeping job cuts that some investors
| believed were not severe enough.
| 
| [...]
| 
| Intel is fighting to reverse sinking profits and make it more efficient as
| it seeks to regain market share stolen by smaller rival Advanced Micro
| Devices Inc.
`----

http://www.smh.com.au/news/Technology/Intel-Corp-to-Cut-10500-Jobs/2006/09/06/1157222160468.html

The world favours ethical players [1].


___
[1] German anti-trust officials received complaint against Intel

,----[ Quote ]
| The Financial Times claimed the FCO has in its possession a letter from
| a Saturn employee that implied Intel gave the retailer financial
| incentives not to stock AMD-based PCs.
`----

http://www.reghardware.co.uk/2006/07/12/intel_german_fco_complaint/

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