Intel, Struggling to Turn Itself Around, Will Cut More Than 15,000 Jobs
Briefly

Intel announces plans to cut over 15,000 jobs, approximately 15% of its workforce, along with other restructuring moves and reduced capital spending to save $10 billion in 2025.
Intel's CEO, Patrick Gelsinger, acknowledges the difficulty of the decision, stating it's a hard day for the company, making significant changes in its history amidst fierce competition and stock decline.
Read at www.nytimes.com
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