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INTC Intel Corporation

34.46
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intel Corporation NASDAQ:INTC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 34.46 34.51 34.59 0 01:00:00

Intel Corp. Planning Thousands of Job Cuts, Sources Say --Bloomberg

12/10/2022 12:31am

Dow Jones News


Intel (NASDAQ:INTC)
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From Jul 2022 to Jul 2024

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-- Intel Corp. is likely to cut thousands of jobs as sales of personal computers have slowed, Bloomberg reports Tuesday.

-- Citing "people with knowledge of the situation," Bloomberg reported layoffs will be announced as early as this month.

-- Sales and marketing will be hit especially hard by the cuts, Bloomberg said.

 

Full story: https://www.bloomberg.com/news/articles/2022-10-11/intel-is-planning-thousands-of-job-cuts-in-face-of-pc-slowdown?srnd=premium&leadSource=uverify%20wall

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

October 11, 2022 19:16 ET (23:16 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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