Intel cuts whopping 15K jobs, posts $1.6B loss just months after getting Biden funds

Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.

  Science/Technology   Aug 2, 2024   0   15  Add to Reading List
Intel cuts whopping 15K jobs, posts $1.6B loss just months after getting Biden funds

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Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.
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