Intel Confirms Major Layoff: 12,000 Worldwide, 11 Percent of Workforce (ieee.org)

Tekla Perry writes: It's all about the cloud and the Internet of Things, says Intel explaining the planned layoffs, which will affect some 12,000 employees. Intel CEO Brian Krzanich promises in an email today to employees, that the "transition" will be handled with the "utmost dignity and respect." According to IEEE Spectrum, "Intel Corp. today announced that it would cut some 12,000 jobs -- that's 11 percent of its total workforce -- by mid-2017, with the majority of those affected getting the bad news within the next two months. In a press release, the company said the 'restructuring initiative' would 'accelerate its evolution from a PC company to one that powers the cloud and the billions of smart, connected computing devices,' and that the company would be increasing its investments in 'data center, IoT memory, and connectivity businesses.'"

Comments

Re:it's Official Inte's workforce has been ,,,,

[Anonymous Coward]

Decimation was the ancient Roman method of putting down a revolt.

If a city-state rose up in a revolt against the regional governor or broke out in a riot or even just had persistent legal and judicial problems, and the Roman central government heard about it, they would "decimate" the population.

They would first send a legion or two to quell the unrest.

They would line up every man, woman, and child. Rich, poor, old, young, everyone. The soldiers would go down the line and count to ten. They would kill that person and start over at 1.

Then the legions would leave, having killed one-in-ten residents. The latin for ten is "decem" (pronounced "day-kehm"). Hence, decimation.

1 in 10 is equal to 10 in 100. The English word "percent" comes from the latin "per centum". "per" means "by", "through", or "from". "centum" means 100. So 10% is literally an English/Latin mashup meaning "ten from a hundred". So decimation is exactly 10%. Always.