Intel’s Steady Decline Continues With 15% Cut to Staff and Scrapped Factory Plans


Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15%more than 25,000 jobsaiming to end the year with about 75,000 employees wo… [+2755 chars] Show more...

The chipmaker is struggling to stay relevant in the AI era.

author

Bruce Gil

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