Intel is preparing a cost cutting reorganization, the chipmaker's chief executive Paul Otellini said at a financial analyst conference. The restructuring will include all parts of the company, the executive said, calling it an attempt to "adjust to the business realities of today [and] tomorrow." Otellini didn't say if the reorganization will lead to layoffs, but he did promise to "deal with non-performing business units" and said that he would evaluate key metrics such as the cost per unit and productivity.

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