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Intel Will Fire 15,000 Employees, Shares Crash 27% In 24 Hours

By Trak - 4 months ago

ntel, once a dominant force in the chip-making industry, is undergoing significant changes as it seeks to regain its competitive edge. The company announced plans to cut over 15,000 jobs and suspend dividend payments to fund a costly turnaround. This move is part of Intel’s strategy to revitalize its business and catch up with competitors […]

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