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Intel to Lay off Thousands, Close Facilities

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January 23, 2009 5:16:22 PM

Perhaps if they hadn't been undercutting their prices so drastically the last few years trying to kill AMD they'd have more cash.

I don't feel sorry for the company at all...
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January 23, 2009 5:45:45 PM

hopefully Intel Development Center in Israel is next (finger crossed).
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January 23, 2009 6:00:58 PM

Intel should only lay off oversea workers and lower price on C2D/Q series chips.
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January 23, 2009 6:03:20 PM

AMD has been trying to kill AMD for the last few years. You can't fault Intel for having the better lineup of products.
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January 23, 2009 7:09:40 PM

Intel did not post a loss for Q4 they were down 90% from Q3 but they still had a net profit of ~$240 million. Do a little bit of fact checking.
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January 24, 2009 1:45:25 AM

How many thousands if not millions of jobs are going to be cut this year?

And how many are going to be open.
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January 25, 2009 3:34:11 PM

ravenwareHow many thousands if not millions of jobs are going to be cut this year?And how many are going to be open.


That is a VERY freaking good question... it appears that the government will have to step in somehow and tell these companies "Stop laying off workers, decrease executive compensation!" at some point in order to get them to do what they SHOULD be doing.
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