Ping
thats a big 'chunk' to lay off at once
And of course, this has nothing to do with the AMD 64-bit devices kicking their butt...
I'd buy a ticket for that show!
Beginning of the next recession...? High tech usually leads the way... Sun is laying off 5000 (announced yesterday)...
How about looking at your processors, Intel? You guys havent' been on top since the Pentium III.
I've heard rumors that the Folsom location is bracing for a round of corporate musical chairs.
"Intel about to rid itself of 16,000 workers" Women and minorities expected to be hit hardest ping.
Intel is in too many businesses. I've never figured out why they made motherboard chipsets or motherboards - both of which are low-margin businesses. Then there was that fiasco where Intel insisted on the Rambus memory standard because it owned a big chunk of Rambus stock, only to back down when the total system cost of Intel systems with Rambus memory got too out of whack. Intel is all over the map except where it needs to be - the king of the CPU world. The Pentium 4 and the Itanium were both expensive fiascos. AMD showed that you could use a lineal descendant of the x86 standard and beat Intel at its own game. Intel had to spend all that extra cash and then end up using x86-based chips (Pentium 3/M) in its laptops, because the Pentium 4 architecture required too much power. Intel simply needs to hire AMD's CEO and start doing what it used to do - stick to its knitting and clean its CPU competitors' clocks.
AMD ain't exactly eatin' Intel's lunch just yet, but they've definitely eroded their market share to a painful degree. Intel has to take action, no doubt.