Intel’s Massive Layoffs: A Sign of Industry Turmoil?
In a surprising and dramatic move, Intel, the semiconductor giant, announced plans to lay off approximately 15% of its workforce. This decision, affecting around 15,000 employees, sent shockwaves through the tech industry and raised concerns about the broader economic climate. Reasons Behind the Layoffs Intel’s CEO, Pat Gelsinger, cited the need to align costs with […]