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Intel Plans to Lay Off Thousands of Employees As the Chipmaker Looks to Trim Costs

Por: Time Business October 12, 2022

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Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people with knowledge of the situation. The layoffs will be announced as early as this month, with the company planning to make the move around the same time as its third-quarter earnings report on Oct. 27, said the people, who asked not to be identified because the... + full article



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