Did Intel just announce layoffs without announcing layoffs?

Did Intel just announce layoffs without announcing layoffs?

Did Intel just announce layoffs without announcing layoffs?

Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel is “taking actions”…

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https://www.theverge.com/intel/655947/did-intel-just-announce-layoffs-maybe-not-mass-layoffs