Intel to slash 10% of workforce in restructuring

Article Abstract:

Intel Corp. of the United States is to cut 10 percent of its workforce or 10,500 jobs in a global restructuring and consolidation. Plans include the sale of underperforming subsidiaries that should eventually generate $3 billion in cost savings per year starting in 2008.

Semiconductors and related devices, Organizational history, Human resource management, Company restructuring/company reorganization, Reorganization and restructuring, Company personnel management, Company organization, Company overview

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Intel to review executive pay, take auditor bids

Article Abstract:

Intel Corp. will conduct a strategic review of compensation for executives. The company will also review a bidding process for auditors. The moves are part of Intel's effort to bolster its corporate governance.

Management dynamics, Management, Executives, Executive compensation, Company business management

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Microsoft to award stock, not options, to employees

Article Abstract:

Microsoft Corp.'s employees will be given actual company shares in return for terminating the employee stock-option program. The software giant has a staff of 50,000 employees.

Securities issued, listed, Computer software industry, Software industry, Microsoft Corp., Securities, MSFT, Company securities, Workers, Employee stock options

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