Intel to Trim 12,000 Employees and Refocus Chip Biz
Intel today announced a major shakeup for its business over the next 18 months. The company said it plans to focus on data centers and the Internet of Things moving forward, which are Intel's fastest growing revenue sources. The global PC market, long Intel's bread and butter, has seen shipments decline for seven subsequent quarters, according to Gartner. In order to make the company more efficient, Intel will cut about 12,000 jobs, or 11% of its workforce, by the middle of 2017. Intel said it will do this by closing sites, as well as pushing voluntary and involuntary departures across its workforce. Intel plans to notify as many affected employees as possible within the next 60 days. "These actions drive long-term change to further establish Intel as the leader for the smart, connected world," said Intel CEO Brian Krzanich in an email sent to employees. "I am confident that we’ll emerge as a more productive company with broader reach and sharper execution." Intel believes these actions will result in $750 million in savings this year and $1.4 billion in savings annually in 2017 and beyond. Intel has struggled to compete in the mobile device space, which is dominated by Qualcomm, MediaTek, and others.
Mar 20, 2018
Google today announced Subscribe with Google, an easy way for people to subscribe to and pay for select news sources. Google has worked with a number of publishers over the last six months to develop the service.
Apr 19, 2018
Motorola today announced four new affordable Android phones coming to the U.S. market before mid-year.
Feb 23, 2018
Google says its Android Messages app is on the upswing thanks to new RCS-based tools and growing support from phone makers and wireless network operators. To start, brands now have more power to interact with consumers thanks to RCS business messaging.
Oct 16, 2018
Huawei today announced it flagship series for the year, the Mate 20 and Mate 20 Pro. The phones share a number of features, but have their own identity thanks to differences in the screen and chassis.
Oct 16, 2017
Huawei today announced the Mate 10 and Mate 10 Pro, the Chinese company's flagship smartphones heading into the end of the year. The Mate 10 (left) and Mate 10 Pro (right) are high-end devices with curved glass panels front and back, and a metal frame in between.