News

Intel Cost Cutting - 4000 Jobs Lost

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"Intel said Tuesday that it will cut 4,000 jobs as the chip giant seeks to lower its expenses amid a slower-than-expected economic recovery, disappointing second-quarter earnings and no clear signs of an upturn."

Funny how you never hear of Intel hiring but it makes national news when jobs are lost. sad smile

Related Web URL: http://www.bayarea.com/mld/mercurynews/business/36...