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Intel Shocks Employees: Plans to Cut 18,000 Jobs

Intel, a leading electronic chip maker, announced plans to lay off 18,000 employees, 15% of its workforce, as part of a cost-reduction strategy. The move aims to save the company $20 billion annually amid recent losses. This drastic decision has left employees shocked and concerned about the company’s future.

This post was last modified on 2 August 2024 5:06 pm

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