Intel cuts 15% of its staff as it pushes to make a comeback

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Corporate news Investing Stocks See all topics Facebook Tweet Email Link Link Copied! Follow New York  —  Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround. The layoffs, tucked in Intel’s second quarter earnings report, marked one of the first major decisions by new CEO Lip-Bu Tan , who took over the company’s top job in March. “It’s going to take time, but we see clear opportunities to

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Intel cuts 15% of its staff as it pushes to make a comeback https://edition.cnn.com - 25.07.2025 01:50

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Intel cuts 15% of its staff as it pushes to make a comeback https://edition.cnn.com - 25.07.2025 01:50