Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: milo_morai who wrote (145683)	10/19/2001 11:25:40 AM
From: fingolfen	Read Replies (1) \| Respond to of 186894

I'm sure this is just the beginning. So if you're sure that 250 alleged layoffs at still profitable Intel are "just the beginning." What's going to happen at AMD??? They just turned in a pathetic quarterly result.

To: milo_morai who wrote (145683)	10/19/2001 11:52:39 AM
From: semiconeng	Read Replies (2) \| Respond to of 186894

gives 250 pink slips to it's Consumer electronics group in Oregon So, just for your information, the employees were not given "Pink Slips". They were put in the re-deployment pool. Redeployment is a program in which employees who's divisions have been eliminated, have 3 months to find another job inside the company. Redeployed employees get first shot at any other available jobs. During those 3 months, their ONLY job, is to find another job inside the company. During that time, they receive their standard salary. If they can't find a job, then intel provides outplacement services, and extends their medical coverage out to an additional 90 days after they leave. Remind me.... What did AMD do for those 2500 employees that they laid off??? Semi