Featured Articles

Intel refreshes CPU roadmap

Intel refreshes CPU roadmap

Intel has revealed an update to its CPU roadmap and some things have changed in 2015 and beyond. Let’s start with the…

More...
Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 06 February 2013 12:36

Intel tightens belt in Europe

Written by Peter Scott

Pay freeze possible, vacancies left unfilled

Chipmaker Intel has apparently started to cut costs on all levels, following a steep decline in Q4 profits and income.

The company is apparently considering pay freezes in the UK, while at the same time exerting pressure on various departments to perform better. An Intel source told Channeleye that there has already been talk of pay freezes and that many vacancies have been open for months. 

“There’s also been more pressure on both [sales and marketing] departments to perform better, which, without the right support and staff count has been hard, but that’s obviously the demons that we have to deal with rather than for the top level staff,” the source said.

What’s more, marketing and sales departments did not get the promised funding, although they were supposed to see an increase in their budgets.

During its earnings call, Intel announced plans to step up R&D and boost capital expenditures in 2013. Apparently Intel plans to siphon part of the cash for the spending binge from other departments.

Peter Scott

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments