Intel Cutting 12,000 Jobs in Cloud-Focused 'Restructuring'

April 19, 2016 8:52 PM

30 0

Intel Cutting 12,000 Jobs in Cloud-Focused 'Restructuring'

The reductions will affect approximately 11 percent of Intel employees worldwide.

Intel is cutting 12,000 jobs as part of a "restructuring initiative" aimed at speeding its transition "from a PC company to one that powers the cloud and billions of smart, connected computing devices."

Also watch: Raiders' Derek Carr signs new five-year deal worth $125 million

Read more

To category page

Loading...