(Bloomberg) — In an effort to bounce back from a recent decline in earnings and market share, Intel Corp. is planning a significant workforce reduction to cut costs.
Insiders familiar with the situation revealed that the announcement of the job cuts
Under the leadership of CEO Pat Gelsinger, Intel is heavily investing in research and development to enhance its technology and reclaim
Prior to the official announcement, Intel’s shares saw a 2% increase in premarket trading on Wednesday…
2024-07-31 04:50:34
Originally published on finance.yahoo.com