Intel confirms to cut further workforce to reduce costs
Image Credit: USA Today
Chip manufacturer Intel has confirmed that it plans to cut its workforce further to reduce costs while navigating a challenging macro-economic environment, as tech layoffs continue unabated. The company, however, did not reveal how many employees will be impacted in the upcoming layoffs. In a statement to USA Today, Intel said it is working to accelerate its strategy while navigating a challenging macroeconomic environment.