Intel Fires Thousands
Intel has around 100,000 employees currently working for them. Therefore, firing off around 10,000 or so wouldn't be that big of an issue; but it wouldn't aid the unemployment rate. Firing 10% of a company's staff may very well prove to be a useful money-making strategy. Perhaps the 10,000 employees were the ones dragging their feet on development or simply leaching money from the company.
Will cutting jobs look like a "good" thing in the public's eyes?
Will cutting jobs look like a "good" thing in the public's eyes?