We hate to read about job cuts during the holiday season (or any time during the year, but especially now), and McAfee said it was a "difficult decision" to trim its workforce, but ultimately felt that's what needed to be done if the company's going to grow in 2012. The Intel-owned security outfit handed out around 250 pink slips, effectively reducing its workforce by 3 percent.
"In order to better prepare the company for growth in 2012 we have made the difficult decision to reduce a small percentage of our global workforce," a McAfee spokesman told Reuters .
McAfee's ultimate goal is to operate more efficiently and readjust its focus on core businesses, which purportedly will not be affected by the job cuts. Intel, which acquired McAfee for $7.7 billion earlier in the year, said McAfee management made the independent decision to slash its workforce.