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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.
US chip giant Intel has launched a major downsizing campaign in Israel, slashing jobs and scaling back operations at its ...
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, ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a flagging performance.
During an earnings call in April, Intel CEO Lip-Bu Tan said that the company needs to “fundamentally transform” its culture ...
Workers in Oregon’s semiconductor industry give the state a financial boost. Without them, officials say, the effects will ...
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