Noel Randewich: Intel Corp

Intel Corp: SAN FRANCISCO - Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said on Friday, according to Reuters. "This is part of aligning our human resources to meet business needs," spokesman Chris Kraeuter said and By Noel Randewich The announcement, equivalent to over 5,000 positions, comes a day after Intel posted a fourth-quarter earnings report that did little to dispel concerns about a slowing PC industry. (www.immigrantscanada.com). As reported in the news.