Intel (INTC, Financials) is preparing to lay off more than 21,000 employees—approximately 20% of its global workforce—as part of a broad restructuring initiative under its new chief executive officer, Lip-Bu Tan, according to Bloomberg.
The…
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https://www.gurufocus.com/news/2801785/report-intel-to-cut-over-21000-jobs-amid-push-to-refocus-on-core-chip-business