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Intel is in trouble, and in a bid to solve some of its financial woes, a report suggests the company will cut about 20% of its staff.
Intel is slated to report first-quarter results after the market closes Thursday, in the chipmaker’s first report since Lip-Bu Tan was named CEO in mid-March.
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MarketBeat on MSNSeismic Shift at Intel: Massive Layoffs Precede Crucial EarningsIntel Corporation (NASDAQ: INTC) is undertaking one of the most significant operational overhauls in its storied history, ...
Bloomberg on MSN3h
What to Watch For in Intel's EarningsIntel results due after the bell today. Bloomberg has learned the chipmaker is planning on cutting more than twenty percent ...
Intel investors will be listening to hear if the company's much-hyped turnaround is finally putting the pedal to the metal.
The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August. Intel had ...
Intel (NASDAQ:INTC) stock climbed over 2.5% in pre-market trading Wednesday after reports surfaced that under new CEO Lip-Bu ...
HILLSBORO Ore. (KPTV) - Layoffs and cutbacks are reportedly on the horizon for one of Oregon’s largest companies. According ...
Intel Corporation, led by newly appointed CEO Lip-Bu Tan, has initiated a major organizational restructuring to regain its ...
The Dow, S&P 500 and Nasdaq Composite are on pace for a second day of gains after President Trump said he won’t fire Federal ...
Intel Corp. is preparing to lay off more than 21,000 employees-roughly 20% of its global workforce-as part of a sweeping ...
Intel (NASDAQ:INTC) has faced persistent struggles in recent years, with the beleaguered chipmaker continually seeking ...
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