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To: heatsinker2 who wrote (56537)9/27/2001 1:09:40 PM
From: wanna_bmwRead Replies (2) | Respond to of 275872
 
heatsinker, Re: "Funny speech, he says that he is not announcing new layoffs. OTOH, he says that if sales don't recover by early 2002, well, 20,000 of you will be gone. Ouch!"

I read it differently. It seemed like he was saying that 2 years ago, when Intel was making similar revenues, they had 20,000 less employees, and thus higher profits. With 20,000 more employees, they need to increase revenues to get similar levels of profits. Very straight forward reasoning.

wanna_bmw