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Intel To Lay Off 1000 Managers
sprash writes to mention a Forbes article about an Intel cost-cutting measure. In response to stiff competition from AMD, the company is laying off 1000 managerial positions. From the article: "In April, Intel reported a 38 percent drop in first-quarter profit as demand slackened for PCs and microprocessors from AMD continued to steal market share. That same month, Chief Executive Paul Otellini vowed to spend the next 90 days identifying underperforming business groups and cost inefficiencies in an effort to save the company $1 billion a year. He said he planned to make changes as his analysis progressed, rather than waiting until the end of his review."
We've already seen from the hype and benchmarks of the pre-shipping chips that Conroe is going to be a very good chip that will put Intel back in the driver's seat so why do the 1,000 have to go only two days before Conroe appears?
Because now that the development is done (for a chip that will likely be Intel's staple for a long time to come) the managers are no longer needed. This is a sign that Intel's processor chip development has now reached a plateau and will stagnate.
And speaking of which, whatever became of all those millions of toothbrushes the Chinese were supposed to buy --- according to that crack American corporate management???
And those cost savings from offshoring soooo many American jobs....and importing soooo many H-1Bs, H-2Bs, H-2Cs, L-1s, J-1s, O-1s, etc., etc., etc.???
What does organization charts have to do with music?
Or did you mean voila ?