Intel’s Drastic Move: 15,000 Jobs Cut Amid Sales Slump

Intel's Drastic Move: 15,000 Jobs Cut Amid Sales Slump

Intel’s Bold Strategy Amidst Financial Turmoil Intel, the renowned US chipmaker, has announced a massive layoff of over 15,000 employees following a significant downturn in sales. This drastic measure comes as the company struggles to regain its footing in the competitive tech industry. Intel’s shares plummeted by up to 20% after the announcement, causing ripples … Read more