September 11, 2024 15:22 (IST)
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Another senior Haryana BJP leader quits party after being denied poll ticket, says party 'sidelining loyalists' | IAF woman flying officer accuses Wing Commander of rape in Srinagar, says was forced into oral sex | Rahul Gandhi's Sikh rights remarks in the US draws BJP ire, reminds him of Congress-led 1984 riots | RG Kar: Junior doctors march to Swasthya Bhavan with demands after Supreme Court's deadline to resume work | CCTV captures Audi owned by Maharashtra BJP chief's son ramming several vehicles in Nagpur, 2 arrested
Intel to lay off about 17,500 employees to cut $20 bn in expenses

Intel to lay off about 17,500 employees to cut $20 bn in expenses

California/IBNS: American tech major Intel Corporation announced Thursday (Aug 1) that it will slash more than 15 percent of its workforce in a cost-saving move, following which the company's share price plunged 20 percent in extended trade, losing more than $24 billion in market value.

Intel planning to cut thousands of jobs in cost-saving move: Report

Intel planning to cut thousands of jobs in cost-saving move: Report

California/IBNS: American tech major Intel Corporation is likely to announce layoffs for thousands of employees as early as this week, Bloomberg reported, citing sources in the know.