Shorts

Intel Shocks Employees: Plans to Cut 18,000 Jobs

Published by

Intel, a leading electronic chip maker, announced plans to lay off 18,000 employees, 15% of its workforce, as part of a cost-reduction strategy. The move aims to save the company $20 billion annually amid recent losses. This drastic decision has left employees shocked and concerned about the company’s future.

This post was last modified on 2 August 2024 5:06 pm

Share
Show comments
Published by

Recent Posts

Shriya Saran: A Sizzling Glitter Bomb!

Shriya Saran is proving time and again that she is a timeless beauty. The actress…

5 mins ago

Nag’s Brother Opens Up On N-Convention Issue

Recently, the Telangana government's body HYDRAA demolished actor Nagarjuna's N-Convention in Hyderabad, saying that it…

2 hours ago