Intel Reportedly Readies Mass Layoff
Dylan McGrath, EETimes
4/15/2016 11:00 AM EDT
The report, which cites multiple anonymous sources said to be familiar with Intel’s plans, said the cuts would start this spring and continue throughout the year. The report indicates that the move could be announced following Intel’s first quarter earnings report on Tuesday.
Intel, the world’s biggest semiconductor maker, has about 107,000 employees at locations throughout the world. The Oregonian reported that Intel eliminated about 1,100 jobs last year.
To read the full article, click here
Related Semiconductor IP
- Multi-channel Ultra Ethernet TSS Transform Engine
- Configurable CPU tailored precisely to your needs
- Ultra high-performance low-power ADC
- HiFi iQ DSP
- CXL 4 Verification IP
Related News
- Foxconn Reportedly Readies Chip Fab in China
- Intel Financial Risks, Layoffs, Foundry Ambitions
- Amphion readies hardware accelerator cores
- Virage Logic readies self-repairing embedded memory
Latest News
- SEALSQ and Lattice Collaborate to Deliver Unified TPM-FPGA Architecture for Post-Quantum Security
- SEMIFIVE Partners with Niobium to Develop FHE Accelerator, Driving U.S. Market Expansion
- TASKING Delivers Advanced Worst-Case Timing Coupling Analysis and Mitigation for Multicore Designs
- Efficient Computer Raises $60 Million to Advance Energy-Efficient General-Purpose Processors for AI
- QuickLogic Announces $13 Million Contract Award for its Strategic Radiation Hardened Program