Sunday, June 18, 2006

Intel to cut jobs and loss-making divisions


Intel to cut jobs and loss-making divisions. Lets look how Intel made it with its people earlier:

in year 1984 7 200 out, some 25% of workforce
in year 2002 11 000 out, some 12%
in year 2006 16 000 out, some 16% ?

Brief calculation gives total layoff of 53% in some 20 years. Would you like to invest in a such a company? Not me. On the other side, the good news is that AMD has much lower number of employees and can't do the same, see the illustration on left.

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