Intel set to lay offs employees as it cuts billions of dollars in spending - Shahpur Turk CSC - Common Service Centre in Sonipat Intel set to lay offs employees as it cuts billions of dollars in spending

01 November 2022

Intel set to lay offs employees as it cuts billions of dollars in spending

Chip-maker Intel will begin to lay off workers soon as the company plans to drive nearly $3 billion in annual savings in the near term and $8 billion to $10 billion by the end of 2025, and these savings will majorly come from "people costs" from both operations and sales departments.

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