When Intel decide to lose weight...
Tuesday, 5. September 2006, 00:39:26

From google news, I knew that CEO Paul is going to give a show on "How will intel lose weight?" It is believed that Intel is going to fire more than 10,000 workers in the coming months. This quake was caused by the pressure from AMD, the biggest competitor of Intel. The whole process of this reorgnization started from April 2006 and guessed to be finished at the end of this year.
It is interesting that the price of intel's stock is runing up these days with the news of reorgnization. Experts said that this is because that this "reorg" news encourages investors of Wall Street.







