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Intel Layoffs Continue as Chip-Maker Cuts 140 Jobs in US to Reduce Costs

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Image Credit: Intel/ Facebook)

Chip-maker Intel is laying off at least 140 more employees in the US to reduce costs -- 89 employees at its Folsom R&D campus and 51 in San Jose, California. The fresh job cuts have been reported to state employment officials and will take effect at the end of the month, reports Sacramento Inno.