Intel could can thousands

Think Radio Shack employees had it bad getting fired by e-mail? Try hearing via webcast how many of your fellow employees will get sacked this season by Intel.

CEO Paul Otellini and his fellow execs get to announce this and other fun details after Labor Day, when they'll unveil the next step in Intel's plan to get "leaner, more agile and more efficient." Of course, if someone leaked those details to tips@valleywag.com, maybe the suits would feel a little sting on Tuesday.

Plan at Intel May Include Many Layoffs [NYT]