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 […]