Intel cuts 12,000 jobs as it bets on IoT, data center over PCs

April 19, 2016 8:52 PM

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Intel cuts 12,000 jobs as it bets on IoT, data center over PCs

Intel is shedding costs in hopes that it can focus more on growth businesses and less on the PC.

Intel said it is cutting 11 percent of its workforce, or 12,000 jobs, as it revamps to focus on areas such as data center and the Internet of things.

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