Intel plans to cut thousands of jobs in face of PC slowdown


© Reuters. The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. REUTERS/Arnd Wiegmann/Files

(Reuters) – Intel Corp (NASDAQ:) is planning a major reduction in headcount, likely numbering in the thousands, Bloomberg News reported on Tuesday, citing people with knowledge of the situation.

Intel declined to comment.

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