PC Group hardest hit in Intel's 12,000 job cuts

Stefan Mileschin · 23rd May 2016, 05:51

Intel's restructuring axe seems to be falling on its PC client divsion and software areas with more than 12000 jobs to go.

Our well-placed sources are confident that the PC group will be the hardest hit. This is all because the PC market has stopped growing and Intel has to find its way to new markets to supplement loss of this business.

Latest research data from IDC indicates that in 2016 PC market will decline from 275.8 million units in 2015 to 260.8 million units in 2016 and the current projections for 2017 show the PC market slightly decreasing to 257.9 million units. At its peak PC market was at 364.0 million units, but this was in 2011 when things were rosier, kids were polite to their parents, and rock stars played decent music. These times are clearly behind us and Intel knows it.

http://fudzilla.com/news/processors/...2-000-job-cuts

23rd May 2016, 05:51	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,462	PC Group hardest hit in Intel's 12,000 job cuts Intel's restructuring axe seems to be falling on its PC client divsion and software areas with more than 12000 jobs to go. Our well-placed sources are confident that the PC group will be the hardest hit. This is all because the PC market has stopped growing and Intel has to find its way to new markets to supplement loss of this business. Latest research data from IDC indicates that in 2016 PC market will decline from 275.8 million units in 2015 to 260.8 million units in 2016 and the current projections for 2017 show the PC market slightly decreasing to 257.9 million units. At its peak PC market was at 364.0 million units, but this was in 2011 when things were rosier, kids were polite to their parents, and rock stars played decent music. These times are clearly behind us and Intel knows it. http://fudzilla.com/news/processors/...2-000-job-cuts

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