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Sources: McAfee Layoffs Hit Just Months After …

https://www.crn.com/news/security/300089961/sources-mcafee-layoffs-hit-just-months-after-acquisition-by-tpg-capital.htm

August 03, 2017, 11:37 AM EDT McAfee, which was acquired earlier this year by private equity giant TPG Capital, is tightening its belt with a round of layoffs that cut across the …


Intel Spins Off McAfee to Private Equity Firm | PCMag

https://www.pcmag.com/news/intel-spins-off-mcafee-to-private-equity-firm

Intel agreed to acquire McAfee for $7.68 billion almost exactly seven years ago, when the mobile device era was still in its infancy. Its goal was to remake the company, once a …


Intel Security Layoffs - GoLayoffs

https://golayoffs.com/intel-security/

Oct 8, 2012 — BOSTON, Oct 8 (Reuters) – Intel Corp’s McAfee security division is planning to lay off a “small percentage” of its workforce of about 7,100 … Intel Confirms Major …


Intel Layoffs: Will Intel Stock Keep Going Up By Cutting …

https://www.forbes.com/sites/qai/2022/10/23/intel-layoffs-will-intel-stock-keep-going-up-by-cutting-costs/

First word of Intel’s layoffs came on October 11th. That day, Intel’s stock opened at around $25 per share. Since, the stock has risen to $26.97, an increase of 7.88% compared to …


McAfee Layoffs 2021: Staff Cuts at Cybersecurity …

https://www.channele2e.com/business/talent/mcafee-layoffs-2021-staff-cuts/

McAfee layoffs will impact 137 employees at the cybersecurity software company’s headquarters starting in March, Silicon Valley Business Journal reports. Moreover, …


Intel Corp. Layoffs - TheLayoff.com

https://www.thelayoff.com/intel

About Intel Corp. : Intel Corporation is an large multinational technology company headquartered in Santa Clara, California. Intel is one of the world's leading, largest and highest valued …


Intel reportedly to start ‘targeted’ layoffs in November

https://www.marketwatch.com/story/intel-reportedly-to-start-targeted-layoffs-in-november-11666304772

Intel Corp. is planning on announcing “targeted” layoffs in November, according to a report late Thursday, citing an internal video shared with employees. After the close of …


Intel reportedly planning major layoffs, likely affecting …

https://www.theverge.com/2022/10/12/23400257/intel-layoffs-job-cuts-planned-thousands-declining-pc-market

The layoffs will hit Intel’s sales and marketing teams particularly hard, says Bloomberg, affecting around 20 percent of team members. The cuts will reportedly be …


Intel Plans to Lay Off Thousands of Employees | Time

https://time.com/6221338/intel-layoffs/

The layoffs will be announced as early as this month, with the company planning to make the move around the same time as its third-quarter earnings report on Oct. 27, said the …


Zillow Cuts 300 Employees—Here Are The Biggest U.S.

https://www.forbes.com/sites/brianbushard/2022/10/12/intel-reportedly-plans-major-staff-reduction-here-are-the-major-us-layoffs-this-year/

July 12, 2022 California-based mortgage lender loanDepot announced plans to lay off 2,000 workers by the end of the year, bringing its 2022 layoffs to 4,800 — more than half of …


Intel kills off McAfee Security brand - CNET

https://www.cnet.com/news/privacy/intel-kills-off-mcafee-security-brand/

Intel kills off McAfee Security brand Intel takes branding ownership of McAfee's computer security suite and severs founder John McAfee's name from the security software …


After breaking free from Intel, McAfee lays off some ... - GeekWire

https://www.geekwire.com/2017/breaking-free-intel-mcafee-lays-off-portland-based-employees/

Security software developer McAfee has laid off an undisclosed number of employees in marketing-related roles based in its Portland office, GeekWire has learned. …


Intel Could Be Preparing For Massive Layoffs as Demand for PCs …

https://www.tomshardware.com/news/intel-massive-layoffs-2022

Intel heavily depends on PC sales. Last quarter Intel's Client Computing Group responsible for PCs commanded about 50% of the company's revenue, so if Intel is bracing for …


Intel Is Laying Off Workers After Billions of Dollars in Federal …

https://jacobin.com/2022/10/intel-layoffs-corporate-subsidies-chip-manufacturing

Intel Is Laying Off Workers After Billions of Dollars in Federal Subsidies By Julia Rock Intel Corp. successfully pushed for congressional approval of a $76 billion subsidy for the …


Layoff at Intel - Blind

https://www.teamblind.com/post/Layoff-at-Intel-h1cOYiGj

Intel have been laying off regularly since 1990 in CA, OR, AZ, NM, Israel, Malaysia and Dalian Sep 17 1 0 Nutanix delta6 Some news around this out earlier this week 5d 0 0


Intel sells off majority stake in McAfee unit | PCWorld

https://www.pcworld.com/article/416345/intel-sells-off-majority-stake-in-mcafee-unit.html

Intel made the deal with investment firm TPG, which will own a 51 percent stake in the new McAfee company. Intel will own the remainder. As part of the deal, Intel is receiving …


What Intel’s Layoffs Mean for the U.S. Chips Industry | Time

https://time.com/6222411/intel-layoffs-chips-act/

Thousands of Intel employees are expected to be laid off later this month to cut costs amid a steep decline in demand for PC processors, according to Bloomberg. Some …


Intel's McAfee security plans layoffs- Technology News, Firstpost

https://www.firstpost.com/tech/news-analysis/intels-mcafee-security-plans-layoffs-3609929.html

McAfee division to face layoffs Symantec Corp , McAfee's bigger rival in the anti-virus software market, is in the midst of a strategic review begun in July by the company's new …


Intel CEO Pat Gelsinger: ‘Hard Decisions’ Coming On Layoffs

https://www.crn.com/news/components-peripherals/intel-ceo-pat-gelsinger-hard-decisions-coming-on-layoffs

Intel appears to be inching closer to layoffs after CEO Pat Gelsinger told employees the company is planning cutbacks. Oregon Live, the web version of The Oregonian …


Intel, facing labor shortage, revokes no-rehire rule from prior …

https://www.oregonlive.com/silicon-forest/2022/05/intel-facing-labor-shortage-revokes-no-rehire-rule-from-prior-layoffs.html

When Intel dismissed more than 13,000 people in mass layoffs that began seven years ago, the company also instituted a prohibition against ever rehiring those who lost their …


McAfee Employees Getting Pink-Slipped in Likely 'Belt-Tightening'

https://www.channelfutures.com/business-models/mcafee-employees-getting-pink-slipped-in-likely-belt-tightening

The layoffs are likely a result of ongoing belt-tightening, he said. In addition, McAfee could be initiating the layoffs because of end-of-life products reaching the end of their …


Intel Considering Layoffs in the ‘Thousands’: Report

https://insights.dice.com/2022/10/14/intel-considering-layoffs-in-the-thousands-report/

Intel hasn’t offered any public comment, although CEO Pat Gelsinger previously announced his intention to cut company expenses this year. The number of potential layoffs is …


Intel to Spin Off McAfee as Independent Security Firm

https://www.securityweek.com/intel-spin-mcafee-independent-security-firm

Tweet. Roughly six years after announcing that it would acquire security firm McAfee, Intel Corporation said it would spin off its security division as an independent …


Intel to Acquire McAfee | Intel Newsroom

https://newsroom.intel.com/news-releases/intel-to-acquire-mcafee/

McAfee and Intel and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from McAfee stockholders in …


Intel Spins Off McAfee in $4.2 Billion Deal - Business Insider

https://www.businessinsider.com/intel-spins-off-mcafee-2016-9

Intel is spinning off McAfee in a new $4.2 billion deal with TPG, after buying the company for $7.6 billion six years ago. ... which includes its biggest layoff in history earlier this …


Intel Plans Small Layoff In McAfee Security Services Division

https://hothardware.com/news/intel-plans-small-layoff-in-mcafee-security-services-division

It’s not clear how many jobs will be lost, but according to a Reuters report, at least a small percentage of Intel’s McAfee security division will be getting the pink slip soon. McAfee …


McAfee cuts staff in San Jose, including 3 vice presidents

https://www.bizjournals.com/sanjose/news/2021/01/12/mcafee-cuts-nearly-140-staff-in-san-jose.html

Jan 12, 2021. McAfee LLC is laying off 137 employees at its San Jose headquarters, the cybersecurity company disclosed in a state filing amid online reports of …

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