Back
Anonymous
Hey I am on Medial • 1y
📈 Intel cuts staff by 15,000 due to revenue decline. " Capitalization has fallen by half since the beginning of the year. " American microprocessor manufacturer Intel has announced large-scale staff cuts to overcome financial difficulties. The company was unable to keep up with competitors, including NVIDIA, in the field of artificial intelligence, which led to a significant drop in revenues. According to CEO Pat Gelsinger, cutting costs by $10 billion by 2025 is a necessary step to stabilize Intel's financial situation.
More like this
Recommendations from Medial
Anonymous
Hey I am on Medial • 11m
🙃 Intel is dead — soon, the company will sell itself to Qualcomm or stop producing processors. Here's the full timeline of the giant's fall: — Intel releases completely failed 13th and 14th generation Core chips; — Every second processor burns ou
See More
Tushar Aher Patil
Trying to do better • 3m
Intel vs AMD: The Tech Rivalry That Reshaped Computing. • Early Days: Intel was the gold standard with innovations like the x86 architecture. • AMD, founded a year later, played the role of the underdog, often offering cheaper alternatives. • Intel
See More
Pradeep Chaudhary
Co-founder & Product • 6m
Meta & Intel cuts combined 26000 Jobs Globally. Now days company's trends that hire more than required employees to Acquire more customers and sustainable technology/ Product then they start firing. At the they only focus on profit and more profit. T
See More
Bharat Yadav
Betterment, Harmony ... • 7m
BSNL is planning a second Voluntary Retirement Scheme (VRS) to cut its workforce by 18,000-19,000 and ease financial pressures. The proposal, seeking ₹1,500 crore for implementation, has been submitted to the Department of Telecommunications (DoT)
See More
Download the medial app to read full posts, comements and news.