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Intel cuts hundreds more Bay Area jobs as tech layoffs worsen
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The semiconductor company had previously disclosed its intentions to cut 20% of its global workforce, which would equate to 21,000 workers worldwide.
During an earnings call in April, Intel CEO Lip-Bu Tan said that the company needs to “fundamentally transform” its culture ...
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Tech industry faces major layoffs; Intel and Amazon Web Services begin restructuring
Intel, a leading chipmaker, has initiated a substantial layoffs programme, cutting over 5,000 jobs across the United States, ...
US chip giant Intel has launched a major downsizing campaign in Israel, slashing jobs and scaling back operations at its ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a flagging performance.
Major chipmaker Intel is undergoing another round of layoffs, which are expected to affect nearly 700 workers at its Chandler ...
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...
Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, ...
Workers in Oregon’s semiconductor industry give the state a financial boost. Without them, officials say, the effects will ...
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