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(Reuters) -Chipmaker Intel Corp is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal computer market, Bloomberg News reported
Chipmaker Intel Corp INTC.O is planning a major reduction in headcount, likely numbering in the thousands, in
Intel is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal computer market.
The layoffs will be announced as early as this month and some of Intel's divisions, including the sales and marketing group, could see cuts affecting about 20% of staff.
By Eva Mathews, Jane Lanhee Lee and Sonia Cheema (Reuters) -Chipmaker Intel Corp forecast second-quarter revenue and profit below Wall Street expectations