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http://www.macnn.com/articles/01/01/24/tech:.intel/

Tech: Intel price cuts; Lucent, Time cut jobs

updated 12:11 am EST, Wed January 24, 2001

 
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Morning tech news: Intel plans to cut its desktop chip prices by more than 40 percent; now that the merger between AOL and Time Warner is complete, Time Warner laid off about 2,000 employees, bringing total cuts to 2,400; and Lucent Technologies has posted a first-quarter loss and said it would cut 10,000 jobs as part of a plan to cut $2 billion in expenses.


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