Intel expected to announce major job cuts
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Intel Corp. INTC.O, the world's   biggest maker of microchips, is expected to announce major job   cuts on Tuesday as part of a plan to trim $1 billion in costs   and regain its competitive edge, analysts and media reports   said.
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Chipmaker's efficiency plan could hit as many as 10 percent of employees in announcement expected Tuesday.
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Reduced revenue guidance from Intel (INTC:Nasdaq - news - research) had stocks under pressure Friday ahead of the key August employment report.
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Yahoo Inc is planning to announce cutbacks later this month that will likely lead to hundreds of job losses at the nearly 14,000 employee company, a source familiar with the plan said on Monday.
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SAN FRANCISCO - Intel Corp. and the PC industry are about to go through a major change in the way client computers are designed, built and marketed, said Intel President and Chief Operating Officer Paul Otellini during his introductory address Tuesday at the Fall Intel Developer Forum in San Francisco.
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Electronic Data Systems Corp. , one of the world's biggest computer services companies, is likely to cut up to 20,000 jobs over the next two years, the company's chief executive said on Thursday.
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Intel Corp. , the world's largest  semiconductor maker, said on Thursday it plans to start  shipping new processors for desktop and laptop computers in  August.
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National Semiconductor Corp. NSM.N  on Thursday said it would cut about 6 percent of its work force  to reduce costs amid a chip supply glut and it will book  severance charges of between $22 million and $26 million for  the move.
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Intel Corp. INTC.O said on   Tuesday it is cutting 10,500 jobs, or about 10 percent of its   work force, as part of a plan by the world's biggest microchip   maker to become more competitive.
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SAN FRANCISCO - Citing lower than expected product sales, Intel Corp. on Thursday lowered its revenue expectations for the third quarter of its 2004 fiscal year, which ends on Sept. 25.
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Company will break its promise to deliver a speedier chip, shifts focus to dual-core designs. Intel has confirmed its near-term plans for its desktop processors before it reaches the multicore era.
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Intel's chief executive riffs on layoffs, Google and what happens next.
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The world&#39;s largest chip maker, Intel, is changing its approach to making faster computer microprocessors. It has dropped plans to release a four gigahertz version of its flagship Pentium 4 chip.
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By Bloomberg, AP and Staff Reports  Video:  Intel to Cut 10,500 Positions    Video:  Intel Shakeup Has Oregon Community Concerned    Chip-maker Intel Corp.
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Intel Corp , the world's  largest chipmaker, will be able to make microprocessors with  features as small as 32 nanometers within two years, its chief  executive said on Tuesday.
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By Barbara Grady  Intel Corp. announced Tuesday it will cut 10,500 jobs -- roughly 10 percent of its work force -- over the next year in an effort to reduce costs and move more aggressively in the microprocessor market.
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Intel Corp , the world's largest chip maker, will quickly provide information sought by U.S. regulators over its plans to merge its chip unit with STMicroelectronics , and expects a prompt response, its chairman said.