- Bloomberg, Wednesday, April 20, 2016 10:52 AM
Adjusting to a fifth year of declines in the personal-computer market, Intel plans to cut 12,000 jobs, or 11% of its workforce. “The world’s biggest maker of semiconductors said
it’s shifting focus to higher-growth areas, such as chips for data center machines and Internet-connected devices,” Bloomberg reports. “Intel also posted disappointing first-quarter
revenue.”
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