Intel has announced a substantial reduction in its global workforce.
The Watch Taming A Sex Man Onlinecomputing giant will lay off somewhere between 15,000 and 19,000 employees, according to The Verge. Intel hopes to implement $10 billion in cost savings for 2025, and will reduce marketing and research spending substantially over the next couple of years. It will also strive to stop "non-essential" work, but didn't elaborate on what that meant.
SEE ALSO: It’s not just PlayStation: 6 other gnarly gaming layoffs in 2024 so farIntel reported losses of $1.6 billion for the previous fiscal quarter. There are many factors contributing to this, but companies like Apple and Microsoft abandoning Intel in favor of chips created either in-house or by Qualcomm hasn't helped. Intel has also failed to make significant in-roads on AI development compared to some of its contemporaries.
Tens of thousands of tech workers have already been laid off before the end of summer 2024. Major companies like Microsoft, Google, Riot Games, and others join Intel in having recently slashed jobs. The wave has hit several sectors, from computing to gaming and others.
Fingers crossed this is the last story like this that we see for a while.
Topics Intel
GPU Pricing Update, Year in Review: Price Trends Charted
What to do if you're harassed at the polls
Instagram goes down for a minute and people can't handle it
Hulu adds Disney and Fox to its upcoming internet TV service
Trump says he represents Pittsburgh, not Paris, but, um, well...
Twitter laughs at GOP governor for seemingly pro
Hawaii's bees are now protected under U.S. Endangered Species Act
Inside the Carney Awards, where character actors like Steve Buscemi get their due
Sri Lanka vs. Australia 2025 livestream: Watch 1st ODI for free
Brexit is so complicated, even Stephen Hawking won't touch it
Did Elon Musk push former FAA leader out? Trump admin responds after deadly plane crash
Why historians think Amelia Earhart may have died as a castaway
Kim Kardashian broke her social media silence — and then deleted the posts
Watch Addison Russell's World Series grand slam
NYT Connections Sports Edition hints and answers for February 15: Tips to solve Connections #145
Jamaica vs. Guatemala 2025 livestream: Watch Concacaf Gold Cup for free
'YouTube Spaces' launches first
Exhibition on Princess Diana's hair stylist celebrates the hair that shaped history
Touring Logitech's Audio HQ
White nationalist launches disturbing robocall attack on Trump rival
SpaceX just stuck another rocket landing at sea, this time before dawnThe 'recession indicator' meme, explained10 Free Steam Games Worth PlayingWordle today: The answer and hints for March 2, 2025The Biggest Tech Fails of the Last DecadeGoogle's new AI model is being used to remove image watermarksGoogle will repair Hurricane Harvey victims' Pixel phones for free in HoustonYes, that was Ke Huy Quan on the phone in 'The White Lotus' Season 3Free Rita's Italian Ice: How to get free Italian Ice on March 20Trump gets failing grade for Puerto Rico response from San Juan mayorClever backyard water tank looks like a giant raindropSkates in the deep sea may incubate eggs near 'black smoker' ventsThe Best Tech Deals and Discounts for StudentsGoogle will repair Hurricane Harvey victims' Pixel phones for free in HoustonBangladesh vs. New Zealand 2025 livestream: Watch ICC Champions Trophy for freeTrump's national security strategy omits climate change as a threatRazer Kishi V2 deal: Snag one for 50% offWordle today: The answer and hints for March 2, 2025Herediano vs. Real Salt Lake 2025 livestream: Watch Concacaf Champions Cup for freeGrim video of a starving polar bear could show the species' future The 'Star Wars: Battlefront II' loot box drama, explained 'Get Out' will compete as a comedy for the Golden Globes Rotten Tomatoes is hiding its 'Justice League' score, but we have a guess How do you pronounce Gal Gadot's last name? She's here to help you out Shanghai marathoners can plug in their data to produce 3D run graph Facebook subtly neither confirms nor denies Russian meddling during Brexit New Netflix study shares trends among 'public bingers' NASA releases wondrous aerial photos of giant new Antarctic iceberg Tesla is a 'hotbed for racist behavior,' class China now has more supercomputers on the world’s top 500 list than the U.S. Top media watchdog accused of playing dirty to help Trump's friend Target's newest store is a preview of the chain's future Think Facebook is the only company watching you? Think again. Hey, millennials of London you can still eat sandwiches if you want EA haters started a campaign to stop parents from buying 'Star Wars Battlefront II' Your AirPods case has a hidden power Apple faces government investigation over patent infringement complaint Here are the most popular Amazon Kindle books of all time Polaroid's new $200 Moto Mod turns your phone into an instant camera Gal Gadot clears up her comments on working with Brett Ratner
2.4152s , 10107.0859375 kb
Copyright © 2025 Powered by 【Watch Taming A Sex Man Online】,Miracle Information Network