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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 ...
During an earnings call in April, Intel CEO Lip-Bu Tan said that the company needs to “fundamentally transform” its culture ...
Once the premier maker of semiconductors and a stalwart of Oregon's "Silicon Forest," Intel is struggling. A breakup is even possible.
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...
Workers in Oregon’s semiconductor industry give the state a financial boost. Without them, officials say, the effects will ...
This latest round of layoffs means Intel has shed over 20,000 staff in a year after it announced 16,000 redundancies in ...
Intel is laying off around 4,000 employees across multiple states, including 700 in Chandler, Arizona. New CEO Lip-Bu Tan, who has a successful track record in the industry, aims to restructure and ...
Intel is planning to lay off a further 5,000 workers, mainly across California and Oregon, as part of its broader effort to ...
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