backtop


Print

"Job security" remains largely an oxymoron

DailyTech previously reported that Intel was already taking actions in its plan to restructure the company. Going are such locations as Intel's R&D division in Glasgow, and a manufacturing and design location for network transponders in Newark, California. It's clear that Intel is taking its reorganization plan to a global scale.

Despite launching a new joint venture with Micron earlier this year, Intel will be reorganizing its NOR flash memory division as well. Previously, the NOR flash memory reported to Intel's main chip design division, but Intel plans to have the NOR division report to the same management as IM Flash Technologies -- its joint NAND flash memory company with Micron.

Intel said to reporters that it will not be laying off employees in its NOR flash division. This comes at a time when layoffs have been confirmed at Intel's other locations. The NOR flash division will be reporting to Brian Harrison, Vice President of Intel's flash technology group. Harrison will also be in charge of IM Flash Technologies. The NOR flash group will continue to develop and manufacture the technologies that it had been working on all this time.

Many analysts believe that due to strong competition from AMD, coupled with poor profits from Intel, will only continue to cause more lay-offs at the Santa Clara chip giant. In the market so far, AMD has managed to reduce Intel's market share to 80% and the ownership continues to decline for Intel.




"A politician stumbles over himself... Then they pick it out. They edit it. He runs the clip, and then he makes a funny face, and the whole audience has a Pavlovian response." -- Joe Scarborough on John Stewart over Jim Cramer
Related Articles






Most Popular ArticlesSuper Hi- Vision Will Amaze the World
January 16, 2017, 9:53 AM
Samsung Chromebook Plus – Coming in February 2017
January 17, 2017, 12:01 AM
Samsung 2017 Handset’s Updates
January 17, 2017, 12:01 AM
Teclast Tbook X5 Pro - Coming January 23
January 16, 2017, 9:21 AM
Gionee Marathon M5 Plus – China’s Flagship Smartphone
January 15, 2017, 2:02 AM

Latest Blog Posts
Some new News
Saimin Nidarson - Jan 23, 2017, 8:59 AM
What is new?
Saimin Nidarson - Jan 22, 2017, 7:00 AM
News
Saimin Nidarson - Jan 20, 2017, 7:00 AM
News of the World
Saimin Nidarson - Jan 19, 2017, 7:00 AM
Some tips
Saimin Nidarson - Jan 17, 2017, 12:16 AM
News of the Day
DailyTech Staff - Jan 16, 2017, 12:10 PM
Tech News
Saimin Nidarson - Jan 15, 2017, 12:32 AM
Here is Some News
Saimin Nidarson - Jan 14, 2017, 12:39 AM
News around the world
Saimin Nidarson - Jan 12, 2017, 12:01 AM
Rumors and Announcements
Saimin Nidarson - Jan 11, 2017, 12:01 AM
Some news of Day
Saimin Nidarson - Jan 7, 2017, 12:01 AM
News 2017 CES
Saimin Nidarson - Jan 6, 2017, 12:01 AM






botimage
Copyright 2017 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki