Intel Lays Off 15,000 Employees: CEO Describes Decision As ‘Painful’ | Companies News

Intel Layoff: Intel CEO Pat Gelsinger recently informed employees about upcoming job cuts aimed at saving money and reducing costs. In a memo he revealed plans to achieve 10 billion dollars in savings by 2025 which involves cutting about 15,000 jobs or 15 per cent of the workforce. To support this transition, Intel will announce […]

ABHISEK RAJPUT

August 2, 2024

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Intel Faces Toughest Crisis In 56 Years, Explores Options | Economy News

New Delhi: Intel, the iconic US-based chipset maker is reportedly working with investment bankers to steer through one of the toughest phases in its 56-years history. According to Bloomberg, the tech giant is exploring various options from potentially separating its product design and manufacturing divisions to reassessing which factory projects might face the axe as […]

ABHISEK RAJPUT

August 30, 2024

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