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April 19, 2016

Intel announces it’s slashing 12,000 jobs

Intel booth at a conference. Intel just announced it was slashing its workforce by 11 percent, calling it in all its corporate press-speak glory “a restructuring to accelerate its transformation.” Sure.
What it means in real human terms is that 12,000 people will be losing their jobs worldwide, and that is never a good thing to hear. Read More

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