Intel has started to implement its restructuring plans, with reported layoffs in the Sales and Marketing division, according to details acquired by CRN. Intel’s Recent Financial Performance Has Put The Company’s Future In Doubt; Analysts Expect No Good Until 2030 Intel’s financial performance over the past few quarters hasn’t been satisfactory, especially compared to competitors like NVIDIA and AMD, which saw a gigantic rise in market valuation. A spokesperson confirmed to CRN that the firm has indeed implemented a new wave of layoffs affecting the company’s marketing division, but further details or the extent of terminations haven’t been disclosed yet. […]
Read full article at https://wccftech.com/intel-announces-new-wave-of-layoffs-implementing-on-its-restructuring-policy/
