Intel cuts 10,000 employeesBy Justin Mann
As Intel continues the slow reform the company has been going under for the past several years, they are soon planning a job that will axe 10,000 employees. The cuts, which come a relatively short time after Intel terminated many management positions, accounts for nearly 10% of Intel's entire workforce. However, it is also a by product of the large increases in total jobs that Intel has seen. With increasing pressure from many competitors, including AMD, Intel has made it clear that they will do everything they need to remain a strong and profitable company.
Of course, as the demands of the customer change so must the company that is providing those demands. With a current worldwide CPU share of 53%, they risk losing their spot as the majority provider if they do not react.