Intel Is Planning Thousands of Job Cuts
Bloomberg Businessweek
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Intel Layoffs Could Affect About 20% of Staff
The chip giant is planning thousands of job cuts to cut costs and cope with a PC slump. I'm told that this is likely to be the largest layoff to hit Intel since 2016. At that point, they laid off under former CEO Brian Crazinich about 11% of the company or 12,000 employees across the entire corporation globally. We're talking some serious job cuts too. This exclusive by our own Mark Gurman and Debbie Wu.
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