Items tagged with restructuring
Hot on the heels of its latest financial reports, which showed the company beating estimates for both earnings and revenue, but offering weaker than expected guidance for Q2, Intel has announced a significant workforce reduction that will result in approximately 12,000 job cuts over the next year.
The restructuring...
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AMD's initial layoff announcement yesterday implied that the dismissals would occur across the company's global sales force. While that may still be true, it has become clear that AMD has slashed its PR and marketing departments in particular. The New Product Review Program* (NPRP) has lost most of its staff and Director of Product Planning,...
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Ziff Davis, one of the pioneering PC publications, has announced plans to restructure in the wake of the decision to not pay its interest portion of the payment on its notes.Ziff Davis presently operates numerous publications such as the Games For Windows Magazine, Electronic Gaming Monthly, 1Up.com, Filefront, and GameTap. “Jason Young,...
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Intel Announces Restructuring Expects to Reduce Costs and Operating Expenses by $2 Billion in 2007, by $3 Billion in 2008 SANTA CLARA, Calif., Sept. 5, 2006 - Intel today announced plans for restructuring following an analysis of the company's structure and efficiency. As a result of the restructuring, the company expects to generate savings...
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