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Technology Stocks : Intel Corporation (INTC)

INTC 35.92

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To: John F. Dowd who wrote (91729)	11/4/1999 8:58:00 PM
From: Paul Engel	Read Replies (2) of 186894

John - Re: "There is a simple way to reduce these fixed costs. It is called a layoff. " Isn't labor a VARIABLE cost ? Also, across-the-board layoffs are the absolutely worst thing to do - bad for morale, bad for the laid off people, BAD FOR INTEL, etc. A strict enforcement of performance levels - during the good times and bad times - is the right way to go. Individual employment should be dealt with on an ongoing, near-daily basis, not on a knee-jerk reaction to economic conditions. Paul

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