Mike Rogoway / Oregonian:

Memo: Intel's manufacturing VP says Intel plans to cut 15%-20% of staff starting in July “to meet our affordability challenges and current financial position”  —  Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker's core businesses.

Mike Rogoway / Oregonian:

Memo: Intel's manufacturing VP says Intel plans to cut 15%-20% of staff starting in July “to meet our affordability challenges and current financial position”  —  Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker's core businesses.

Source: TechMeme
Source Link: http://www.techmeme.com/250616/p26#a250616p26