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Intel does the right stuff as customers leave
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Intel does the right stuff as customers leave
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14th August 2024, 04:52
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 152,458
 |  Intel does the right stuff as customers leave Chipzilla's woes have been there for everyone to see. Disappointing revenue and a bleak earnings forecast have forced Intel to announce a drastic plan: slashing 15,000 jobs, cutting $10 billion in costs by 2025, and suspending the quarterly dividend. CEO Pat [kicking] Gelsinger highlighted the stark reality in a company memo: sales were $24 billion higher in 2020 than last year, yet headcount is 10 per cent higher now. https://fudzilla.com/news/59508-inte...ustomers-leave |
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