Jobs bloodbath at Intel, with 15 000 roles on the line

In this week's tech news roundup, US-based chipmaker Intel is set to cut 15 000 jobs, or 15% of its workforce, as it plans to reduce costs by $10 billion by 2025. This was confirmed by CEO Pat Gelsinger in a memo to Intel employees this week. Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #cybersecurity #olympics News Links: https://www.itweb.co.za/article/jobs-bloodbath-at-intel-with-15-000-roles-on-the-line/WnxpEv4YoLV7V8XL https://www.itweb.co.za/article/data-breach-recovery-costs-in-sa-reach-new-high/6GxRKqYQag9qb3Wj https://www.itweb.co.za/article/sa-brands-miss-r12bn-opportunity-due-to-cx-disconnect/Pero3MZ3b8EqQb6m https://www.itweb.co.za/article/eu-ai-act-has-implications-for-sa-based-firms/raYAyqor2ANMJ38N https://www.itweb.co.za/article/itweb-tv-shesha-calls-for-regulatory-intervention-in-e-hailing/DZQ58vV8A5xMz

Published on 03 August 2024