Intel layoffs: 10,000+ factory workers to be laid off; will they get any severance? https://ift.tt/ndpYwWH

Intel is planning significant job cuts in its foundry division. The layoffs will affect thousands of employees globally. This decision is part of a larger restructuring effort led by CEO Lip-Bu Tan. The company aims to streamline operations and reduce costs. Intel has faced financial challenges and increased competition. Previous job cuts have already reduced the workforce.

from Times of India https://ift.tt/khXFNYE