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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. 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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