http://www.tgdaily.com/2006/04/28/intel ... ructuring/Facing for the first time the real possibility of becoming the #2 player in microprocessors, Intel CEO Paul Otellini yesterday revealed that Wednesday's earnings news was a wake-up call for him and his company. Revealing few specifics - presumably because specifics don't exist yet - Otellini told a meeting of analysts he has ordered his company to commence an extensive "self re-evaluation," with the objective being to cut $1 billion in costs during the remainder of this year. Despite what some analysts think they heard yesterday, the possibility of Intel selling off business operations - and cutting jobs - is on the table.
At leats it means better products at better price for us!