technology@hexbear.netEnglish · 4 months ago

Intel to Cut Thousands of Jobs to Reduce Costs, Fund Rebound

finance.yahoo.com

Intel to Cut Thousands of Jobs to Reduce Costs, Fund Rebound

finance.yahoo.com

RION [she/her]@hexbear.net to

technology@hexbear.netEnglish · 4 months ago

(Bloomberg) -- Intel Corp. plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedHamas Says Israel Killed Political Leader With Airstrike in IranIsrael’s Twin Strikes in Tehran, Beirut Ratchet Up T

Between the 13th/14th gen degradation issues and this Intel is not having a good time

Good thing one of Brandon’s major legislation “accomplishments” isn’t majorly riding on Intel or anything

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4 months ago
It appears that the US’s attempt to reshore the semiconductor industry is going well.

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