Intel to Slash More Than 20% Workforce Amidst Restructuring

American International corporation and technology company Intel has announced plans to slash more than 20% of its workforce. The upcoming layoffs according to Bloomberg, is part of CEO Lip-Bu Tan’s broader plan to build an engineering first culture, and restructure its balance sheet, in the light of growing competition from Nvidia and TSMC. The move [...]The post Intel to Slash More Than 20% Workforce Amidst Restructuring appeared first on Tekedia.

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