Insecurity outfit McAfee has told 250 workers, equivalent to three percent of its workforce, to clean out their desks and pick up their p45s.
McAfee spokesman Ian Bain told Reuters that it was important to prepare the company for growth in 2012. Bain said the job cuts were in areas that will not be part of McAfee’s core focus next year. But he would not say what those areas were.
Strangely the cuts come after the outfit had recorded good results. Intel Chief Financial Officer Stacy Smith claimed that the integration of McAfee had gone well and that the new business had a strong third quarter.
But Intel is not behind the cuts, writes Reuters. McAfee management came up with the cunning plan all by itself.
It looks like the move might have something to do with McAfee rival Symantec which has been claiming that the Intel buy had disrupted McAfee’s business and was helping Symantec across various segments. Symantec has no plans to lay anyone off.
McAfee named Senior Vice President Stuart McClure as its worldwide chief technology officer. McClure is a McAfee insider and techie who has been around the building since 2004, when the company bought Foundstone.
McClure hit the headlines this year when he recruited a squad of hacking experts to work for McAfee on a team known as TRACE that he charged with figuring out ways to break into high-tech gear, including pacemakers.