This went out on the wire this afternoon:
http://www.businessweek.com/ap...cialnews/D94SPNSO1.htm
83,000 employees is actually pretty much 100% of Intel's global staff.
It was amazing to notice how many websites took the AP press release and reposted it with this rather significant error. Although most websites have have corrected it by now. One of my co-workers has a press release from the last round of lay-offs at Intel where they did the same exact thing and accidently predicted that everyone would be laid off.
* not speaking for any company
http://www.businessweek.com/ap...cialnews/D94SPNSO1.htm
Friedman, Billings, Ramsey & Co. analyst Craig Berger wrote in a note to clients that "recent industry checks" suggest that Santa Clara, Calif.-based Intel is preparing a large work force reduction that could be as high 83,000 employees, or 10 percent of its global staff.
83,000 employees is actually pretty much 100% of Intel's global staff.
It was amazing to notice how many websites took the AP press release and reposted it with this rather significant error. Although most websites have have corrected it by now. One of my co-workers has a press release from the last round of lay-offs at Intel where they did the same exact thing and accidently predicted that everyone would be laid off.
* not speaking for any company