SI
SI
discoversearch

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: Ali Chen who wrote (148433)11/16/2001 11:21:26 AM
From: maui_dude  Read Replies (1) | Respond to of 186894
 
Intel Layoffs ? 9:43AM Intel (INTC) 30.53 -0.25: -- Update -- Hearing from sources at Robertson Stephens that the firm believes INTC is in the process of laying off 8-10% of workforce, which will help lift gross margins and may be a slight positive even though the firm is cautious on the stock overall. Briefing.com notes that the market might view layoffs as an indication that Intel's Q4 uptick in business will not be sustained.

finance.yahoo.com