Intel's McAfee security plans layoffs – Firstpost

Intel Corp’s McAfee security division is planning to lay off a “small percentage” of its workforce of about 7,100 employees, a company spokesman … Intel Corp’s McAfee security division is planning to lay off a “small percentage” of its workforce of about 7,100 employees, a company spokesman said on Monday. McAfee spokesman Ian Bain said he could not provide more information about the planned job cuts, which the world’s No. McAfee division to face layoffs Symantec Corp, McAfee’s bigger rival in the anti-virus software market, is in the midst of a strategic review begun in July by the company’s new CEO, Steve Bennett, who took over in July after the board fired his predecessor. Intel Corp acquired McAfee, the world’s second-largest security software maker, in February 2011 for $7.7 billion.