Intel is starting job cuts. The company told employees last week that it will lay off 1,000 managers in a matter of days across business divisions as the start of an effort to cut $1 billion in costs. The job cuts could reach 10,000--or about 10% of the company's workforce--by the time a "strategic review" is complete in August, predicts Tim Luke, an analyst with Lehman Brothers.
Intel CEO Paul Otellini revealed plans in April to restructure the company, which has been hit hard by a PC slowdown and stiff competition, telling analysts he planned an overhaul that would affect "every part" of the company.
How Enterprises Are Attacking the IT Security EnterpriseTo learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Join us for a roundup of the top stories on InformationWeek.com for the week of October 23, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."