Intel plans to jettison approximately 6,900 employees over the next six months as part of a broad restructuring unveiled earlier this year. Layoffs would result in charges totaling $ 255 million over the next two quarters. The chip giant intends to take a charge of $ 125 million in the fourth quarter and a charge of $ 130 million in the first quarter of 2007. Intel planned to cut 10,500 jobs by mid-2007 as part of an operational overhaul that also has included the sales of underperforming business units selling chips for cell phones and networking gear. The job cuts are expected to reduce Intel’s global workforce to 92,000; its payroll had swelled by 30% since 2004. During the three-month period ended Sept. 30, Intel fired 1,600 employees, a majority of whom worked at factories.

Intel plans to jettison approximately 6,900 employees over the next six months as part of a broad restructuring unveiled earlier this year. Layoffs would result in charges totaling $ 255 million over the next two quarters. The chip giant intends to take a charge of $ 125 million in the fourth quarter and a charge of $ 130 million in the first quarter of 2007. Intel planned to cut 10,500 jobs by mid-2007 as part of an operational overhaul that also has included the sales of underperforming business units selling chips for cell phones and networking gear. The job cuts are expected to reduce Intel’s global workforce to 92,000; its payroll had swelled by 30% since 2004. During the three-month period ended Sept. 30, Intel fired 1,600 employees, a majority of whom worked at factories.