By Bill Conerly | Forbes
(Editor’s note: Opinion pieces are published for discussions purposes only.)
Intel announced plans Tuesday to cut its workforce by 12,000 people, 11 percent of its current headcount, (including 550 in Chandler). Such a massive, top-down layoff by any corporation always makes me wonder what’s wrong with the company. Certainly circumstances change and reductions in workforces are required. But why not a few hundred last week, another hundred next month, in a gradual process that has a similar result? Massive layoffs are to me a sign of poor management.