Intel’s McAfee Security Business to Cut Jobs
McAfee, which was bought by Intel last year, will reportedly lay off a relatively small number of people from its 7,000-plus workforce.McAfee, the security software company bought by chip giant Intel last year, reportedly will lay off a small number of its 7,000-plus workers. According to a report from Reuters, McAfee spokesman Ian Bain confirmed the planned job cuts but would provide no further information, including how many jobs would be lost or when the layoffs would occur. At the end of the second quarter, the company had 7,072 workers. The news of the job cuts comes at a time of transition in personal and commercial computing, with sales of PCs stagnating in the face of rapid adoption of mobile computing devices, including smartphones and tablets. The slowing growth in the PC market has hit hard established vendors, such as Hewlett-Packard and Dell, who are looking to reduce the reliance on their traditional PC businesses and turn more of their efforts to becoming enterprise IT solutions vendors. PC component makers also have been impacted, and Intel and rival Advanced Micro Devices are among those looking for new growth areas. Intel and AMD executives have been vocal in their dismissing of the idea of a “post-PC” era, noting the millions of desktops and notebooks that are sold every year. In addition, Intel is pushing its strategy around Ultrabooks—very thin and light notebooks that combine traditional computing features with those found in tablets, including instant-on capabilities, long battery life and touch technology—in hopes of bolstering the flagging market and ushering in a new era for PCs.