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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Box-By-The-Riviera™ who wrote (227218)3/11/2003 2:45:18 PM
From: Les H  Read Replies (2) of 436258
 
Intel posts 104% productivity gain...
By Tony Smith
Posted: 11/03/2003 at 15:07 GMT
theregister.co.uk

Intel registered in unexpected 104 per cent productivity boost last year - in its efforts to reduce its workforce.

According to the company's most recent SEC filing, noted by Reuters, it expected to lay off 4500 people during 2002.

In fact, the chip giant rid itself of 4700 workers.

The filing reveals that Intel ended 2001 with 83,400 employees. By the end of 2002, that figure had fallen to 78,700.

>>Of course, it's all just as bogus as the government's
>>claims that they did more with fewer jobs since they
>>just farm out the work elsewhere.
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