SAN FRANCISCO—Security software maker McAfee, a subsidiary of chip giant Intel Corp., cut about 250 jobs, or roughly 3 percent of its workforce, according to a report by the Reuters news service.
According to the report, which quoted a McAfee spokesman, the job cuts were part of a bid by McAfee to focus on core businesses and improve efficiency to compete with market leader Symantec.
Earlier this week, McAfee promoted Stuart McClure to the position of chief technology officer.
Intel finalized the $7.68 billion acquisition of McAfee in February.
Report: McAfee cuts jobs
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