Workforce reduction may be announced as early as this week
plans to cut thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses.
A concierge, games rooms, gym and more: benefits of build-to-rent apartments – if you can afford €4,000+ a month Mr Gelsinger, betting that Intel can improve its technology, embarked on a plan to build factories to manufacture semiconductors for other chipmakers. Last week, Intel hired Naga Chandrasekaran from Micron Technology Inc. as chief global operations officer, putting him in charge of the company’s overall manufacturing efforts.
It also has slowed spending in other areas. The company expected those cost reductions would save as much as $10 billion by 2025.
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