Intel cuts 3000 jobs

Dirt Nap writes "AMD isn't the only one with financial problems, Intel announced this week that earnings, down 7% from the same time last year, would result in the culling of 3,000 jobs over the next 6 months. It seems that Intel is blaming an over estimation of the market, while others are pointing the finger at a late and lack-luster entry into the sub $1000 PC market. More can be found at this location. "