Intel Lays Off 15,000 Employees: CEO Describes Decision As 'Painful'
Pat Gelsinger explained that Intel's expenses are too high and their profits are too low.
Aug 02, 2024, 13:31 PM ISTIntel Layoffs: Thousands Of Jobs To Be Cut To Reduce Costs, Layoffs Expected This Week
Gelsinger is confident that the company can improve its technology and has launched a plan to build factories that will produce semiconductors for other chipmakers.
Jul 31, 2024, 14:05 PM IST