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April 19, 2016 04:18 pm -04

Intel cuts 12,000 jobs in restructuring initiative

Intel announced that it's laying off 12,000 employees today in a radical measure designed to restructure the company. In a statement, the company said that it plans to accelerate its evolution from a PC-centric business to one that's more focused on...

Original Link: http://www.engadget.com/2016/04/19/intel-cuts-12-000-jobs-in-restructuring-initiative/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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