Saturday, May 7, 2016

Intel will remove 12,000 positions in mid 2017

Intel will remove 12,000 positions in mid 2017

The founder intends to reduce its workforce by 11%. His goal: to better focus on its growing activities related to data centers and the Internet of Things. Intel expects to reduce its workforce by 11% by mid-2017. The announcement was made ​​yesterday through a press release . With this plan concerning 12,000 positions, the giant microprocessor intends to focus on its fastest growing business. The Santa Clara group in particular evokes the field of data centers and the Internet of Things (IoT). With this cut staffing, Intel expects to achieve savings of $ 750 million this year and $ 1.4 billion a year from mid-2017.

So that Intel has missed the shift to smartphones, the chipmaker suffered the brunt of the PC market decline. At the end of the first quarter of 2016, Gartner reported a volume of 64.8 million passed PC , down 9.6% year on year. This is the first time since 2007 that the volume drops below 65 million. And this is the sixth consecutive quarter of decline.

Still, the Californian group has just published its latest quarterly results show good financial health. He recorded a turnover of $ 13.7 billion last quarter, up 7% year on year. As for earnings, revenues increased at the same time by 3% to $ 2 billion. Its business terminals oriented processors generates it, $ 7.5 billion, and settled up 2% year on year. On the side of the activity related to data centers, group turnover increased by 9% to $ 4 billion.

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