Intel announces its slashing its workforce by 11 percent.

Intel Intel just announced it was slashing its workforce by 11 percent calling it in all its corporate press speak glory a restructuring to accelerate its transformation. Sure. What it means is that Intel in real human terms is that 12,000 people will be losing their jobs worldwide and that  is never a good thing to hear. The fact is that Intel is a desktop computer chip maker at a time when… Read More

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