Posted on May 9, 2023
Intel layoffs announced after company sees largest quarterly loss ever
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Posted 1 y ago
Responses: 2
And they are going to keep coming. You can hire 2 workers for the price you pay senior employees. It’s the bottom line plus the $$
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PO1 William "Chip" Nagel "The tech industry has been laying off employees like it's going out of style over the last few months, but Intel has been in a class of its own when it comes to poor performance. The company has seen revenue drop substantially over the last few years, with a record $2.8 billion loss in the first quarter of 2023."
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