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Intel, Job Cut Timeline Saturday, August 16     Author
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Intel May Announce Up To 20,000 Layoffs

World News
    USA (197)
        Bay Area
            Intel (118)
                Business (73)
                    Job Cut

                        2006 (3)
                        2003 (2)
                        2002 (1)
                        2001 (1)

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10,500 Layoffs Announced


year 2006 Top ^

Sep.5
  Semiconductor giant is laying off employees as part of a massive restructuring effort to reverse sinking profits
 Most of the job cuts will come from the management, marketing and information technology ranks. Market share stolen by smaller rival AMD

Sep.1
  Chip maker may soon announce that it's cutting as much as 20% of its work force; estimates: from 10,000 to 20,000
Jul.13 Intel To Cut 1,000 Management Jobs
  The chip maker tries to become more efficient amid stiff competition and weaker demand for PCs


year 2003 Top ^

Mar.11 700 More Jobs Cut Than Planned in 2002
  Net income would have been cut by $1.17 billion had the company recognized the cost of employee stock options District to layoff hundreds of teachers

year 2002 Top ^

Jul.16 4,000 jobs trimmed
  Chip-making giant posted disappointing second-quarter earnings. Most of the reductions will be made through attrition


year 2001 Top ^

Mar.8 Intel to cut 5,000 jobs
  Chip-making giant reduced revenue estimates for the 1st quarter. Shares fell $2.31 or 7%




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