Intel CEO says layoffs will affect 15,000: 'Tough day'
After reporting a Net loss of $1.6 billion for Q2 2024, Intel is aiming to cut costs by $10 billion until next year. On Thursday, the tech giant announced layoffs affecting more than 15,000 people, about 15% of Intel's current workforce. In one Thursday's memo To staff, Intel CEO Pat Gelsinger said that revenue had…
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