The cited source states that "Some divisions, including Intel’s sales and marketing group, could see cuts affecting about 20% of staff".

This article extrapolates that out to "All divisions will cut 20% of staff".

It's unfortunate for a lot of people regardless, but the report seems (for now) to be exaggerated.

From what I've heard, Intel has started throwing out some really strong offers lately. Hope they're able to be successful; they sure have a lot of work to do.