tantrikt
Contributor
Probably they are running out of pcs in their offices because all the 13th and 14th gen processors they installed...meltedIntel Corp. is planning to cut thousands of jobs to save money and invest in improving its technology after facing declining profits and losing market share, according to a report by Bloomberg. These job cuts may be announced soon, and Intel, which has around 1,10,000 employees, will report its second-quarter earnings on Thursday. link here
Intel is laying off thousands of employees to recover from financial losses and adapt to market changes, driven by a significant drop in their stock price and challenges in meeting AI chip demand. link here
Once upon a time in India ... mobile means Nokia and Computer means Intel.
Is Intel going on Nokia way?