Intel's less of a PC company, shedding 12,000 workers as it moves into other businesses

April 19, 2016 8:39 PM

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Intel's primary engines of growth are now the data center and the Internet of Things.

Intel is evolving from a PC company to one that serves the cloud and connected devices—and it’s losing 12,000 jobs as a result.

Also read: When It Comes to Tech, Venture Capital Grows Less Venturesome

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