You are viewing a single comment's thread from:

RE: LeoThread 2024-08-02 04:00

Intel to lay off 15,000 employees

Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday.

Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday. The massive headcount is part of a large plan to reduce spending by $10 billion in 2025, following a dismal second quarter earnings report and outlook.

#technology #intel #jobs #newsonleo

Sort:  

Many more big corporations will definitely do the same one after the other. This is part of the #ai revolution. People get ready.

There is a lot of copycat going on.