Intel Plans Massive Job Cuts, Stock Climb Ahead of Q1 Results

Intel Plans Massive Job Cuts, Stock Climb Ahead of Q1 Results

April 23 – shares of Intel (NASDAQ:INTC) saw a more than 3% rise in premarket trading Wednesday following a report that the company is preparing to cut over 20% of its global workforce.

The move is part of a broader cost-cutting initiative…

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https://finance.yahoo.com/news/intel-plans-massive-job-cuts-133003033.html