Intel has been in the headlines for all the wrong reasons this year, announcing two rounds of jobs cuts in the last few weeks. Now discussion abounds as to how the US firm might spin off certain divisions to save money. Intel had a Q2 loss of $1.6 billion, which led to a $10 billion cost reduction program. In early August, Intel committed to a 15% headcount reduction of at least 15,000 people. In September, reports surfaced of plans for even more cost cutting. The latest plans could include the proposed sale of non-core assets, such as its fab business or specifically, the sale of its design assets to Qualcomm. Reports also suggest Intel will sell off more of its…