Intel to do huge restructuring

Posted on Monday, May 01 2006 @ 14:21 CEST by Thomas De Maesschalck
TG Daily got some more news on Intel's plan to restructure its business, stating it could rival the 1985 exit from the DRAM business:
Malloy said that this will be a careful, strategic, data-driven restructuring, where every segment of the company is under analysis, although he later stated there would be a few aspects of the company's plans that would not be changed. Intel wants to avoid what he called a "knee-jerk" reaction to rising corporate expenses, akin to a situation we mentioned in one of our questions: the recent General Motors restructuring, which led to the closing of factories in Oklahoma City and elsewhere, and layoffs of tens of thousands.
More over here.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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