Intel plans to cut thousands of jobs to finance recovery, Bloomberg News reports-March 2024-www.financetom.com

Intel plans to cut thousands of jobs to finance recovery, Bloomberg News reports

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Intel plans to cut thousands of jobs to finance recovery, Bloomberg News reports

Jul 30, 2024 2:50 PM

July 30 (Reuters) - Intel ( INTC ) plans to cut

thousands of jobs to finance a recovery and cope with losing

market share to rivals, Bloomberg News reported on Tuesday,

citing people familiar with the matter.

(Reporting by Akash Sriram in Bengaluru; Editing by Sriraj

Kalluvila)

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