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Intel to do huge restructuring

Posted on Monday, May 01 2006 @ 14:21:10 CEST by

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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