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Intel plans to cut hundreds of jobs at its Folsom campus, as the Santa Clara-based tech giant struggles with declining demand and fierce competition. The company notified the state this week that it ...
Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker’s core businesses. “These are difficult actions but essential ...
Intel will begin a new round of layoffs next month. The semiconductor giant plans to lay off 15% to 20% of workers in its Intel Foundry division starting in July, according to an internal memo ...