Intel confirms more than 5000 layoffs: How tech sector is shifting...

Dununu.com Dununu

Sponsored

Intel confirms more than 5000 layoffs: How tech sector is shifting toward leaner, more strategic workforce models

RSS Feed Education

Posted

26

Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This restructuring, driven by CEO Lip-Bu Tan, shifts Intel towards leaner, strategic teams, reflecting an industry-wide move away from traditional large-scale operations. The company is also outsourcing some marketing functions and offering voluntary exits with severance packages.

Read Full Article

Please log in to like, share and comment!

Don't care how many people Barack Obama deported: Viral clash between Piers Morgan and Joy Reid

Piers Morgan and Joy Reid engaged in a heated debate on Morgan's show, clips of which have gone...

By 0 1

SRK once made Priyanka cry on sets of Ra One: 'I apologised...'

Priyanka Chopra Jonas' birthday brought a Ra.One set memory to light, where she arrived late from...

By 0 3

'It was not intentional': India batter responds to shoulder contact controversy

Indian batter Pratika Rawal addressed the controversy surrounding her shoulder contact with...

By 0 8

From poverty to Padma Shri: India's hockey queen Rani Rampal shares her inspiring journey

Rani Rampal, the face of Indian women's hockey, shares her inspiring journey from a financially...

By 0 8

'India doesn't subscribe to unilateral sanctions': MEA on EU's move against; calls out 'double standards' on energy trade

By 0 15