Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Saturday, 18 January 2014 09:26

Intel to cut 5,000 jobs

Written by Peter Scott



Smart baby onesies to the rescue

Chipmaker Intel is planning to cut more than 5,000 jobs, or roughly 5 percent of its 107,000 strong workforce. The announcement comes just a day after Intel posted flat quarterly results and announced that the rest of the year won’t be much better.

Intel insists it is not simply laying off 5,000 people.

“When we talk about reduction of the workforce there are a number of things that can happen. It could include redeployments, voluntary programs, retirements, and through attrition," the company told CNET

The news comes just days after Intel confirmed that it would not be starting production at Fab 42 in Arizona, which was supposed to start churning out 14nm products this year.

Although Intel’s position in the x86 market remains secure, the x86 market itself is rapidly dwindling. Intel hopes to compensate in the server space and mobile. The company is planning to ship 40 million tablet chips this year, but it will have to sacrifice gross margins to pull it off, as the chips themselves have lower margins than big cores and Intel plans to offer generous subsidies for vendors who choose to adopt them.

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