Jan 18th 2014, 19:13, by Andrew Webster
The market for PCs may be stabilizing, but that hasn't stopped Intel from cutting a few thousand jobs. Earlier this week the chipmaker revealed its earnings for 2013, which included "signs of stabilization" for the traditional PC market. However, despite this the company is being forced to reduce its workforce by five percent this year, which amounts to more than 5,000 jobs. The cuts are expected to include retirements and other voluntary options. "This is part of aligning our human resources to meet business needs," spokesman Chris Kraeuter told Reuters.
The announcement comes after an earnings report that seemed like good news for the company, including a two percent quarterly increase in PC revenue and what was described as "strong"...
Continue reading…
No comments:
Post a Comment