Intel cutting 10,500 jobs
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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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Intel Corp. INTC.O said on   Tuesday it will cut a total of 10,500 workers, or 10 percent of   its workforce, by the middle of next year, as part of a   restructuring aimed at making the world's biggest chipmaker   more competitive.
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Intel Corp.  on Thursday cut its third-quarter revenue and profit margin forecast after demand for both its computer microprocessors and communications chips weakened beyond expectations. Its stock fell nearly 8 percent.
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U.S. stock futures pointed to a lower   market open on Wednesday after Intel Corp. INTC.O said it   would cut 10,500 jobs, at the low end of expectations, though   news that Ford Motor Co. F.N named an outsider as its new   chief executive could lend support to share prices.
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Oracle will eliminate about 5,000 jobs following its $10.3 billion acquisition of PeopleSoft, the company said Friday.
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The 'Barrett Hangover' Intel doesn't mess around when its sales slow. The chipmaker today revealed that it will fire 10,500 workers over the next year in the hopes of improving its bottom line.â¦
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[Technology India]: New York, Oct 19 : The world&#39;s leading computer chipmaker Intel has jumped off the chip speed roller coaster by yanking its four giga hertz (4 GHz) Pentium 4 processor off the drawing board.
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European aircraft maker Airbus announced 10,000 job cuts and a timetable for slashing its factory network Wednesday, in a bid to solve the crisis caused by problems with its A380 superjumbo jet.
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Intel has slashed prices across the board as it prepares to get behind new processor lines due this autumn. The Itanium server line has seen cuts of over 30 per cent, while prices for Intel&#39;s fastest business
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Computer Associates will cut 800 jobs, the software maker said yesterday, reducing its workforce 5 percent in its biggest cost-cutting effort since 2001 amid slack demand and falling prices for software and services.
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Intel Corp. , the world's  biggest microchip maker, may cut up to 10 percent of its work  force as early as next Tuesday, a technology news site said on  Thursday, citing sources familiar with the plans.
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By Mears, Jennifer  As expected, Intel last week said it would slash 10,500 jobs, or about 10% of its workforce, by the middle of next year as the chip maker attempts to regain its footing in an increasingly competitive x86 processor market.
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Shares of Intel Corp. fell in after-hours trading after the world's largest chip maker announced sweeping job cuts that some investors believed were not severe enough.
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Airbus plans to cut 5,000 jobs and  axe another 5,000 filled by contractors, bringing total job  cuts in its plants to 10,000 while limiting the impact on its  own workforce, industry sources said on Tuesday.
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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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Intel Corp. (INTC.O: Quote, Profile, Research) on Thursday cut its third-quarter revenue and profit margin forecast after demand for both its computer microprocessors
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No. 1 chipmaker Intel (INTC) on Thursday dramatically lowered its revenue estimates for the current quarter, a sign that the tech industry&#39;s rebound may be slowing.