Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

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