http://www.cnbc.com/id/101346414
The announcement came a day after the company missed analysts'
expectations and posted weaker than expected fourth quarter earnings.
The company also gave a tepid forecast for its first quarter.
Shares of Intel plunged 2.6 percent on Friday.
Tech the next few years will be the Miners of the last few years, a sell.
“This is not a layoff,” Kraeuter said. “Our business groups are
developing plans to reduce spending and this will include some reduction
in headcount.
No Kidding...you can't make this shit up.
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