Intel cuts 15,000 jobs

Rob Beschizza 4:27 am Fri Aug 2, 2024

Photo: Tada Images

Chipmaker Intel is to slash 15,000 jobs, about 12% of its workforce, and the company's share price slumped 21% in pre-market trading. The company's woes went from bad to worse in the last week,

In an email sent to employees and published on Intel's website, CEO Pat Gelsinger called Thursday an "incredibly hard day for Intel as we are ma…