McAfee security plans layoffs
October 9 , 2012
Intel Corp's McAfee security division is to lay off a "small percentage" of its workforce of about 7,100 employees, a company spokesman announced on Monday.
No further information was provided about the planned job cuts, which the world's second-largest maker of anti-virus software disclosed in response to an inquiry from Reuters.
Makers of security software for personal computers are currently struggling on the back of a slump in the PC industry.
They are set to face increased pressure after October 26, when Microsoft launches its Windows 8 operating software, which will come with free anti-virus software.
Intel Corp acquired McAfee in February 2011 for $7.7 billion. The division had 7,072 employees as of June 30.