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Intel Has Cut 35,500 Jobs in Less Than Two Years


An anonymous reader shares a report: The first announcement that Lip-Bu Tan made a day after becoming the permanent chief executive of Intel was about massive layoffs to right-size the company in accordance with market realities. Now, the extent of those layoffs is becoming clearer, indicating Intel...

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Intel has cut 35,500 jobs in less than two years — more than 20,000 let go in in recent months as Lip-Bu Tan continues drastic recovery journey