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TechRadar
TechRadar
Craig Hale

Intel set to cut thousands more jobs as it cancels several fab projects

Intel Corporation LipBu Tan
Intel.
  • Intel plans to cut even more workers by the end of the year
  • Its most recent quarterly revenue was better than anticipated
  • Other cost-cutting measures are being used

Intel is reportedly planning to reduce its workforce by around 15% by the end of 2025, bringing total headcount to the 75,000 mark.

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