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cut costs

cut costs latest

Intel terminates 15% of its employees to cut costs
August 2nd, 2024 - 09:53 GMT
Reema Tuqan

Reema Tuqan

Intel terminates 15% of its employees to cut costs

ALBAWABA – Intel, the American multinational corporation and technology company, said it will terminate about 15% of its staff following its new cutting cost plan. Intel cutting cost plan The company issued its second-quarter earnings report on Thursday with a new $10 billion plan to cut its overall costs. Intel said the first step will be terminating about 15% of the workforce in the coming few months. The company issued ...
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