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chip68
Joined: 19 Oct 2004
Posts: 1024
Location: Central Pennsylvania
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 Posted: Tue Sep 05, 2006 4:40 pm Post subject: Intel to cut 10% of its work force |
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"Chip-maker Intel Corp. said Tuesday it will eliminate 10,500 jobs - about 10 percent of its work force - through layoffs, attrition and the sale of underperforming business groups as part of a massive restructuring."
http://news.yahoo.com/s/ap/20060905/ap_on_hi_te/intel_restructuring
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CPUShack
Joined: 16 Jun 2003
Posts: 34259
Location: State of Jefferson, USA
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chip68
Joined: 19 Oct 2004
Posts: 1024
Location: Central Pennsylvania
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| Posted: Tue Sep 05, 2006 7:43 pm Post subject: |
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| CPUShack wrote: | | But who needs managers? Engineers do the work |
Amen.
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chip68
Joined: 19 Oct 2004
Posts: 1024
Location: Central Pennsylvania
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| Posted: Tue Sep 05, 2006 9:39 pm Post subject: |
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Most of those 10,000 are management (good riddance), marketing weenies, and overpaid IT nerds.
| chiptalk wrote: | I have seen lots of small shops run with 1000's of people, and 1 person did 90% the work.  |
Yup... Been there already. Before I became an independent consultant, I was that lone workhorse. I figured if that's how it's going to be, I might as well fire the whole company. 
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CPUShack
Joined: 16 Jun 2003
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Location: State of Jefferson, USA
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(thats me)