Report: Intel to Cut Over 21,000 Jobs Amid Push to Refocus on Core Chip Business

Report: Intel to Cut Over 21,000 Jobs Amid Push to Refocus on Core Chip Business

Intel (INTC, Financials) is preparing to lay off more than 21,000 employeesapproximately 20% of its global workforceas part of a broad restructuring initiative under its new chief executive officer, Lip-Bu Tan, according to Bloomberg.

The…

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https://finance.yahoo.com/news/report-intel-cut-over-21-164743564.html