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Intel cuts hundreds more Bay Area jobs as tech layoffs worsen
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The semiconductor company had previously disclosed its intentions to cut 20% of its global workforce, which would equate to 21,000 workers worldwide.
Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...
Also, another recent WARN notice shows that Intel has increased its planned layoffs in Arizona from 170 to almost 700. This new round of layoffs means Intel has cut over 20,000 jobs, a year after it ...
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Tech industry faces major layoffs; Intel and Amazon Web Services begin restructuringIntel, a leading chipmaker, has initiated a substantial layoffs programme, cutting over 5,000 jobs across the United States, ...
US chip giant Intel has launched a major downsizing campaign in Israel, slashing jobs and scaling back operations at its ...
During an earnings call in April, Intel CEO Lip-Bu Tan said that the company needs to “fundamentally transform” its culture ...
Intel will shut down its small automotive business and lay off the majority of the workers in that segment, the latest step ...
Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring ...
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