McAfee to lay off 'small percentage' of workers

McAfee to lay off 'small percentage' of workers

Summary: Intel's security division is planning to cut some jobs even as the security software market is affected by the global PC slowdown.

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McAfee is looking to reduce its overall headcount even as the security software market is negatively impacted by the slowing PC industry worldwide.

According to a Reuters report Monday, Intel's security division is planning to lay off a "small percentage" of its 7,100 employees. Spokesperson Ian Bain, however, did not disclose to the news agency the reasons for the job cuts nor when it will take place.

The report did point out security software makers for PCs are struggling in the midst of an overall industry slump, and could be impacted further after Oct. 26 when Microsoft launches its Windows 8 operating system which comes bundled with free antivirus software.

Analysts told ZDNet Asia the free antivirus software offered by Microsoft will not make third-party antivirus makers such as McAfee redundant though, as users have growth to trust these brands and will continue to use their products.

Furthermore, Gartner in April said the security software market remained resilient amid restrictions on IT budgets due to demand from small and midsize businesses and advanced persistent threats.

Topics: IT Employment, Security

Kevin Kwang

About Kevin Kwang

A Singapore-based freelance IT writer, Kevin made the move from custom publishing focusing on travel and lifestyle to the ever-changing, jargon-filled world of IT and biz tech reporting, and considered this somewhat a leap of faith. Since then, he has covered a myriad of beats including security, mobile communications, and cloud computing.

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  • Don't you mean Intel??

    Since they are the owners of McAfee
    wackoae