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Politics : Formerly About Advanced Micro Devices

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To: carl a. mehr who wrote (37370)9/23/1998 5:33:00 PM
From: Maverick  Read Replies (1) of 1572371
 
Intel to lay off 675 to decrease cost amid heated competition

The layoffs would come out of the 3,000 jobs Intel said in
April it would cut from its 65,000 worldwide work force.
Cuts have already been made in Arizona and Washington.

The California-based company has been on an industry-wide efficiency drive nationwide as it
strives to decrease computer prices amid heated competition. Chip makers including Advanced
Micro Devices Inc (AMD - news). are increasing market share with their low-priced machines.
biz.yahoo.com

Intel bought the Hudson facility for $700 million last year from Digital Equipment Corp (CPQ -
news) as partial settlement over a patent dispute between the two companies.

Intel officials were not immediately available for comment.
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