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The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.
California now has one of the nation’s worst jobless rates, with the Bay Area and state both losing thousands of jobs during ...
The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...
Intel’s job cuts have doubled in California, affecting 1,935 employees across Santa Clara and Folsom. Meanwhile, 2,392 ...