Intel layoffs underway as chipmaker aims to cut 15,000 jobs
Layoffs that Intel announced last summer got underway in earnest this week as the company works to cut 15,000 jobs across its business, the biggest downsizing in its five-decade history.
With its sales flagging, and its technology falling behind competitors’, Intel wants to shave $10 billion in expenses next year while it mounts a slow-moving turnaround effort. The company’s revenues have fallen by nearly a third since 2021 and Intel — until recently the world’s largest chipmaker — has been virtually shut out of the booming market for advanced artificial intelligence.
Related
As Trump picks Florida men for top jobs, new political…
TALLAHASSEE, Fla. – As President-elect Donald Trump names picks for his new administration from his private club in Palm Beach and prepares to return to the W
Lincoln High School students working to fill cybersecurity jobs
LINCOLN, Ala. (WBRC) - Some Lincoln High School students are working to train in the high-demand field of cybersecurity.When you work 40 hours a week and a thie
Iowa healthcare apprenticeships provide students path to full-time jobs
DES MOINES, Iowa (Gray Television Iowa Capitol Bureau) - The state of Iowa, like many states, needs more healthcare workers. Job opening data through Iowa Works
Pete Hoekstra, Betsy DeVos viewed as contenders for jobs in…
Lansing — Pete Hoekstra, chairman of the Michigan GOP, and Betsy DeVos, a prominent Republican political donor from the state, are being floated as potential
