Intel may prepare to lay off 20 percent of its employees

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According to what Intel is preparing to reduce the number of employees, this time by laying off more than 20 percent of its employees. You can announce a plan to do this just this week. the 108,900 employees had at the end of last year, so he might be appointed to reduce tens of thousands of jobs. According to  The source, the goal of reducing its size is to simplify administrative processes and re -concentrate intotel with a culture based on engineering.

Last August, Intel said it would work To reduce costs. In fact, the company, which was slow to adopt the transformation of the industry towards artificial intelligence, was significantly reduced Amid low sales.

These alleged workers will represent one of the first main restructuring measures since then after . The company is scheduled to report its quarterly profit results on Thursday. Companies that restructuring workers often announce the latitude of profit reports.

Tan also pledged to sell assets that are not essential to Intel goals as he tries to turn the work. Last week, Antel appeared In Chipmaker Altera for $ 4.46 billion. This deal is expected to be closed later this year.

This article was originally appeared on Engadget on https://www.engadget.com/big-tech/intel-may-Be-preparing-to-lay-20- Percent-f-its-Venf-161557058.html?



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