Intel is planning to cut thousands of jobs as part of a recovery strategy to address its declining market share, according to a Bloomberg News report on Tuesday, citing sources familiar with the situation. The chipmaker's shares rose by approximately … Read on blog or Reader All Things Talent Read on blog or Reader Intel to Slash Thousands of Jobs Amid Struggles to Regain Market Share By Biswajit Bhattacharya on August 1, 2024 Intel is planning to cut thousands of jobs as part of a recovery strategy to address its declining market share, according to a Bloomberg News report on Tuesday, citing sources familiar with the situation. The chipmaker's shares rose by approximately 1% in extended trading following the report, despite a 40% slump in its stock value […] Continue reading Comment

All Things Talent © 2024. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110