Intel Cuts 1,000 Managers

Davis, Jessica
July 2006
Electronic News;7/17/2006, Vol. 52 Issue 29, p66
Trade Publication
The article reports on the decision of Intel Corp. to dismiss 1,000 management jobs across the company. The move is one of the first actions coming out of its efficiency review announced in April 2006. The cuts will be through all levels of management, all business units and all geographies. Intel did not disclose any cost savings, but said that those cost savings would already be incorporated into the earnings guidance for the third quarter.


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