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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST
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To: semiconeng who wrote (163972)4/16/2002 6:28:49 PM
From: wanna_bmw  Read Replies (1) of 186894
 
Semi, Re: "Intel stated it's headcount reduction goal in 2001 was 5,000 employees, done through not hiring replacements, when people leave. Looks like they made almost 7,000 reduction in 2001, and an additional 500 in Q1/02."

I hope that you didn't lose any good colleagues in this reduction. I wish all those who left well on their future endeavors.

As for Intel, though, the difference in 2,500 employees no doubt contributed to the reductions in YoY costs.

wbmw
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