Intel Corp. Lies - Deceits - Cover Ups..

"BARRETT THANKS EMPLOYEES FOR Q3 RESULTS:

• Intel President and CEO Craig Barrett has thanked employees for their "support, innovation and flexibility," leading up to the company's third quarter revenue and earnings report. Intel reported record revenue and microprocessor shipments during the quarter. "At the same time," Barrett said, "I want to stress the importance of continuing to watch expenses while moving faster than the competition." Barrett's message to employees and the quarterly revenue and earnings report are both available in their entirety on Circuit (http//circuit.intel.com).

FACE Intel's comment: Mr. Barrett, if you really want to thank and appreciate your employees just stop lying to them, cheating them, and do not axe them to show higher profits.

• INTEL REPORTS STATUS OF HEADCOUNT REDUCTIONS:

In its third quarter revenue and earnings report, Intel reported that it has reduced headcount by approximately 2,000 people since the end of the first quarter, excluding approximately 1,800 people added as a result of the acquisition of Digital Equipment Corporation's semiconductor manufacturing operations. Employment worldwide was about 65,400 at the end of the third quarter. The company still plans to complete the rest of the scheduled 3,000 headcount reduction announced last spring and also has announced some additional employment reductions next year in Massachusetts and Puerto Rico.

FACE Intel's comment: Intel is shamelessly delivering more lies to employees whom they are constantly cheated on while deliberately kept in isolation and dark. We will publish the report of Intel's layoffs soon and you'll see that Intel's allegations are false and deceiving.

• Q3 VOC RATINGS FALL:

Intel's traditional worldwide Vendor of Choice (VOC) rating fell to 87 percent in the third quarter, compared to 93 percent in Q3 last year. Customers were most critical of constrained product availability, missed delivery schedules and lines down situations due to Intel product roadmap/conversion strategies implemented throughout the quarter, said Nora Brodsky, VOC program manager. In order to trigger an additional day's pay under the Employee Cash Bonus Program, Intel must maintain an average rating of 90 percent of higher in each six-month period."

Source:
http://www.faceintel.com/memos.htm#10/15/98

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